A Notice of Court Order Ending Administration refers to a legal document that signifies the conclusion of the administration process for a company under the oversight and supervision of the court. It is issued by the court upon the completion of the administration proceedings.

In an administration, an insolvency practitioner, known as an administrator, is appointed to manage the affairs of the financially distressed company and achieve the objectives of the administration, which may include rescuing the company as a going concern, achieving a better outcome for creditors, or facilitating the sale of the company’s assets.

When the administrator has completed their tasks and achieved the objectives of the administration, they will apply to the court for a court order to formally end the administration process. If the court approves the application, it issues a Notice of Court Order Ending Administration.

The Notice of Court Order Ending Administration serves as a formal notification to creditors, shareholders, and other interested parties that the administration has concluded. It signifies that the powers of the administrator have ceased, and the company is no longer under the direct control or supervision of the court.

The notice may include details such as the date of the court order, the outcome of the administration process, and any significant decisions made during the administration. It may also provide instructions or information regarding the next steps for the company, such as transitioning to another insolvency procedure or resuming normal operations under the control of its directors.

Creditors, shareholders, and other interested parties should carefully review the Notice of Court Order Ending Administration to understand the implications for the company and any further actions that may be required. It marks a significant milestone in the company’s insolvency proceedings and indicates a transition to the next phase of its financial recovery or resolution process.

These notices are filed with Companies House against the registered company number. All UK company liquidation notices and updates are tracked centrally by Doorda.