Rule 3.62 Grounds for resignationC1
(1)
The administrator may resign—
(a)
on grounds of ill health;
(b)
because of the intention to cease to practise as an insolvency practitioner; or
(c)
because the further discharge of the duties of administrator is prevented or made impractical by—
(i)
a conflict of interest, or
(ii)
a change of personal circumstances.
(2)
The administrator may, with the permission of the court, resign on other grounds.
Annotations
Modifications
- C1
Rules 3.59-3.70 applied (with modifications) (19.3.2024) by The Water Industry (Special Administration) (England and Wales) Rules 2024 (S.I. 2024/229), rules 1, 5, 51-60, Sch. (with rule 2(2))