An administration extension order is a court order that allows a company to continue to trade and avoid being wound up for a period of time. The order gives the company time to pay its debts, although it may require the company to make regular payments to its creditors. The order may also place restrictions on the company’s activities, such as banning it from taking on new debt.
This is a draft order for an extension of a company's administration, under paragraph 76(2)(a) of Schedule B1 to the Insolvency Act 1986.
England and WalesUse this template
Note: Although we list lawyers as well as legal firms who may be able to help, this does not indicate that the listed law firms have an affiliation or partnership with Genie AI.