Section 580 of Insolvency Act CAP 53: General powers of administrator
(1) The administrator of a company may take any action that contributes to, or is likely to contribute to, the effective and efficient management of the affairs and property of the company.
(2) A provision of this Part that expressly permits the administrator to do or not to do a specified act does not limit the effect of subsection (1).
(3) A person who deals with the administrator of a company in good faith and for value need not inquire whether the administrator is acting within the administrator's powers.
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(1) Subject to subsection (2), the administrator of a company shall manage its affairs and property in accordance with—
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In performing and exercising the administrator's functions and powers under this Part, the administrator of a company acts as its agent.
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(1) The Court may examine the conduct of a person who—
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(2) An...
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(2) An application under...
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(a) dies;
(b) resigns;
(c) is removed from office under section 604; or (d) vacates office under section 605.
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(2) A replacement under this section may be made only—
(a) with the consent of...
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(2) A replacement under this section may be made only—
(a) with...
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(2) If a...
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In this Division—
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(b) the company's website (if any);...
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- Section 628 - Conduct of meetings of company and its creditors
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(2) At the beginning of a creditors' meeting, the...
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