Review Publishing Ltd, Re [2002] NICh 5 (04 February 2002)

Review Publishing Ltd, Re [2002] NICh 5 (04 February 2002)

The purposes of the administration order have been achieved; discharge is appropriate and future dissolution of the company is a matter for the directors, not the administrator.

Citation
[2002] NICh 5
Parties
Company in Administration: Review Publishing Limited; Administrator/applicant: Mr Kelly
Jurisdiction
Northern Ireland
Judgment Date
04 February 2002
Procedural Posture
Application for Discharge of Administration Order / Final Hearing
Outcome
administration order discharged; administrator released
Legal Topics
Administration Discharge, Scheme of Arrangement, Company Dissolution

Case Brief

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Parties

Review Publishing Limited

Company in Administration

Mr Kelly

Administrator/applicant

Procedural Posture

Application for Discharge of Administration Order / Final Hearing

  1. 1 Whether the administration order should be discharged under Article 30(2)(a) of the Insolvency (Northern Ireland) Order 1989
  2. 2 Whether further steps are required for winding up or dissolution of the company

Ratio Decidendi

The purposes of the administration order have been achieved; discharge is appropriate and future dissolution of the company is a matter for the directors, not the administrator.

Court Disposition

administration order discharged; administrator released

Orders

  • Order discharging administration order of 6 March 2001
  • Order releasing administrator under Article 32 of the 1989 Order