Companies and Allied Matters Act 2020

Section 519

(1) On the application of a creditor of a company, the Court may provide for the appointment of an administrator of the company to cease to have effect at a specified time.

(2) An application under this section shall allege an improper motive-

(a) in the case of an administrator appointed by administration order, on the part of the applicant for the order; or

(b) in any other case, on the part of the person who appointed the administrator.

(3) On an application under this section, the Court may-

(a) adjourn the hearing conditionally or unconditionally;

(b) dismiss the application;

(c) make an interim order; or

(d) make any order it considers appropriate, whether in addition to, in consequence of or instead of the order applied for.

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