OpenLegislation

Rule 36 ResignationI1

England and Wales

(1)

The special PPP administrator may give notice to the court and to the registrar of companies in Form PPP18 of his resignation on grounds of ill health or because—

(a)

he intends ceasing to be in practice as an insolvency practitioner; or

(b)

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

(2)

The special PPP administrator may, with the permission of the court, give notice to the court and to the registrar of companies in Form PPP19 of his resignation on grounds other than those specified in paragraph (1).

(3)

The special PPP administrator must give at least 7 days’ notice of his intention to resign, or to apply for the court’s permission to do so, to—

(a)

the Mayor;

(b)

any continuing special PPP administrator of the PPP company; and

(c)

if there is no such continuing special PPP administrator, to the PPP company and its creditors.

Annotations

Commencement

I1

Rule 36 in force at 30.11.2007, see rule 1