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Because it is the case that when court appoints an administrator, all outstanding petitions for winding up of the company are dismissed, Is it also possible that while a company is under liquidation,the court can appoint an administrator of their own and put the company into administration and dismiss the existing liquidation process ?
And also, as the court has the power to remove existing administrator or receiver.
If the Court feels that it would be more beneficial for the liquidation then the Court may appoint an administrator … but I assume that that is a rare occurrence
Your second post has no question!
If you mean “Does the Court have the power to remove …..” then, yes. I used to say in lectures that “The Court can do whatever the Court wants in the interest of justice”
OK?
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