
The court has recently confirmed that it does have jurisdiction to grant administrators a conditional discharge of liability but decided not to do so in the case of Re Central Properties Holdings Ltd (in administration) [2023].
In this blog we consider why the court refused to make that order and whether there are any circumstances in which a court will make a conditional order for exit and discharge.
Although in most cases administrators appointed by the court will be able to exit the administration by filing a notice a court, they will always need to apply to court for an order to discharge them of liability.
It could therefore save costs if administrators could obtain a conditional order, but is this a real option for a court appointed administrator and if so, when?