OpenLegislation

Article 171 Grounds for resignationI1

England and Wales

(1)

The administrator may resign in the following circumstances—

(a)

on grounds of ill health,

(b)

that the administrator intends ceasing to be in practice as an insolvency practitioner, or

(c)

that there is some conflict of interest, or change of personal circumstances, which precludes or makes impracticable the further discharge by that person of the duties of administrator.

(2)

The administrator may, with the permission of the court, resign on grounds other than those specified in paragraph (1).

Annotations

Commencement

I1

Rule 171 in force at 12.11.2021, see rule 2