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Hi Sir,
Hope you are doing well, I was attending the Q 110 in BPP Kit named Lazy Days, It asked 3 questions, 1)The purpose and Effect of Administration 2)The procedure to appoint Administrator 3) The decision of court for lazy days corporation.
While I successfully answered correctly of part 1 and 3 but in Part 2 I answered that:
* Procedure to appoint administrator is stated in the articles of company’s constitution
* The statutory requirements like Qualified insolvency practitioner must be fulfilled
* The notice to appoint an administrator to court
* The statement of Administrator’s consent to the court
* The statement in which administrator explains why it is likely the administration could succeed
I think These points are relevant and written as question asked but in BPP the answer is totally opposite, Except the first point, It gave out points which looks like reasons to appoint administrator not the procedure to be followed like a company can only appoint administrator if:
*It is not in liquadation
*If it is unable to pay its debts or Moratarium of company debts
“No administrator or receiver is appointed
Which answer do you think is correct and sensible? I am very confused at BPP kit answers…………
If the question really does ask for procedures, I believe your answer would be closer than that of BPP.
You could always check up the examiner’s answer – almost without doubt you’ll find that the question is a past exam question
Sorry Sir this question is BPP Exclusive and they did provide this silly answer :@ ……… The question is not confusing but BPP answer is…….One of my friend told me that Study materials from both publishers BPP and Kaplan always contains some errors! But I am much relieved that you supported my answer! I directly Quote the question “The Procedures to be Followed when applying for Administration” may be I am wrong here or couldn’t understand the wordings of question but BPP answer doesn’t make any sense to me…..If you get a chance so please do check out the question from BPP kit if you may have and if not then I’ll provide you the full question
Hi, you’ve told me enough! so don’t bother with any more. Your friend is correct, there are errors in both BPP and in Kaplan – but equally there are errors in my notes on OT ( I can’t speak for the others in the team ). All I can say is that we do all try to correct the errors as soon as is possible.
Going back to the BPP answer above – it’s quite bizarre!
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