🖊️ Administration order

About this category

A administration order is a type of court order that can be made to help you pay your debts. It can be used if you owe money to more than one creditor and you cannot afford to pay them all. A administration order means that someone else, called an administrator, will manage your debts for you.

🖊️ Administration order

templates

Standard Court Order Draft to Place a Company into Administration

This is a draft court order that would place a company into administration, effective as of April 6, 2017. The order follows the procedural requirements set out in the Insolvency (England and Wales) Rules IR 2016 (SI 2016/1024).

What to watch out for

  • The order should comply with the procedural requirements of the Insolvency (England and Wales) Rules IR 2016 (SI 2016/1024)
  • The company should be placed into administration
  • The order should be a standard form draft court order
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    Associated business activities

    Place company into administration

    There are a number of reasons why someone might want to place their company into administration, such as if the company is insolvent or if the directors are facing personal liability. Administration can also be used as a way to restructure the company and protect it from creditors.

    Legal firms who might be able to help

    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.

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