247 Application for administration order

(1) An application to the Court for an administration order, in respect of a
protected cell company or any cell thereof, may be made by —

(a) the company;

(b) the directors of the company;

(c) the shareholders or any class of shareholders of the company or
of any cell;

(d) any creditor of the company (or, where the order is sought in
respect of a cell, any creditor of the company in respect of that
cell); or

(e) the Authority.

(2) The Court, on hearing an application —

(a) for an administration order; or

(b) for leave, pursuant to section 246(6), for a resolution for
voluntary winding up,

may make an interim order or adjourn the hearing, conditionally or
unconditionally.


(3) Notice of an application to the Court for an administration order in
respect of a protected cell company or any cell thereof shall be served
upon —

(a) the company;

(b) the Authority; and

(c) such other person (if any) as the Court may direct,

who shall each be given an opportunity of making representations to the
Court before the order is made.