Pending Winding Up Petition and Company entering Administration – 33 Bedford Row

Posted November 28th, 2019 in administrators, news, winding up by sally

‘Where a winding up petition is pending against a company, the company is able to enter into administration under Schedule B1 of the Insolvency Act 1986 (‘Schedule B1’), either through the court making an administration order in respect to the company, or through an appointment under paragraph 14 to Schedule B1 (where no provisional liquidator has been appointed and no administrative receiver is in office). When the company does enter administration, the pending winding up petition is affected.’

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33 Bedford Row, 4th November 2019