Insolvency, Restructuring and Dissolution Act 2018 · 2020 Revised Edition · Part 7 · Judicial Management
118. Transition from judicial management to winding up
Feedback & supportWhere a judicial manager makes an application to wind up the company —
judicial manager
“judicial manager”, in relation to a company, means a person appointed under this Part to manage the company and its affairs, business and property, but does not, unless a contrary intention appears, include an interim judicial manager;
despite section 111, the term of office of the judicial manager is extended to the date on which the winding up application is determined or withdrawn; and
the company is discharged from judicial management on the date the winding up application is determined or withdrawn.
company
“company” has the meaning given by section 4(1) of the Companies Act 1967;