Re BXL Services [2012] EWHC 1877 (Ch)
Wills & Trusts Law Reports | December 2012 #125BXL Services (the company) was a charitable company limited by guarantee. Owing to government cuts and a large pension deficit, it became insolvent and the directors resolved to place it into administration pursuant to para 22 of Schedule B1 to the Insolvency Act 1986 (the Act). No formal notice in the form prescribed by para 26(2) to Schedule B1 of the Act was given to the company itself. On one construction of the Act, this omission was fatal to the validity of the appointment. On a second construction, it was not an omission at all as such notice was not a requirement. On a third cons...