SCHEDULES

SCHEDULE 17Administration: minor and consequential amendments

14

At the end of section 100 (creditors’ voluntary winding up of company: appointment of liquidator) add—

4

The court shall grant an application under subsection (3) made by the holder of a qualifying floating charge in respect of the company’s property (within the meaning of paragraph 14 of Schedule B1) unless the court thinks it right to refuse the application because of the particular circumstances of the case.