Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Administration definition

What does Administration mean? Administration is a corporate insolvency procedure used to protect and stabilise a financially distressed company while an independent insolvency practitioner (the administrator) takes control to pursue rescue or a better return to creditors than liquidation. It is a statutory process in England and Wales and Scotland under the Insolvency Act 1986, Schedule B1, and in Northern Ireland under the Insolvency (Northern Ireland) Order 1989, Schedule B1. Key features include an immediate moratorium on most creditor enforcement, displacement of the directors’ management powers, and appointment either by court order or out of court by the company, its directors or...

Creditors’ Decision Procedures in Administration (England and Wales) under IA 1986 and IR 2016: Qualifying Procedures, Deemed Consent, Administrator’s Proposals, Dispensation, Requisitioned Decisions and SIP 6

Published by a LexisNexis Restructuring & Insolvency expert

Practice notes

The insolvency (England and Wales) rules 2016 (IR 2016), SI 2016/1024, introduced a refreshed framework for decision-making across all insolvency processes with effect from 6 April 2017. The specific requirements governing how decisions are taken are contained in IR 2016, SI 2016/1024, Pt 15.

Qualifying decision procedures

There are five procedures in section 246ZE of the Insolvency Act 1986 (IA 1986) by which a convenor may seek a decision under IA 1986 or IR 2016 from creditors:

correspondence
electronic voting
virtual meeting
physical meeting
any other decision-making method that permits all entitled creditors to participate on an equal basis

For further guidance on these procedures, voting within a decision procedure, the requisite majorities and how to challenge a decision made by a convenor or chair, see the Practice Notes:

The decision-making procedures and deemed consent
Voting and creditors' decision procedures

Deemed consent

Deemed consent is a process where creditors approve a proposed course by not raising an objection. This mechanism may be used in place of a qualifying decision procedure where a company’s creditors are to make a decision about...

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Web page updated on 12/06/2026

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