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Author Archives: Melanie Badain

Uplift in Fees on Winding up and Bankruptcy Petitions

With effect from Wednesday 1st June 2011 and pursuant to The Insolvency Proceedings (Fees) (Amendment) Order 2011 the Official Receiver’s deposit collected by the court on the presentation of any winding-up or bankruptcy petition will increase as follows: in relation to a winding-up petition in respect of a company, the deposit will increase from £1,000 [...]

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Late administration extensions may be penalised

Registrars at the Companies Court have recently indicated that any applications to extend an administration should be made at least six weeks before the administration is due to expire rather than the previous four week period.  The penalty for failure is to exclude administrators’ costs of the application which has already been applied in a [...]

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