Companies Act 2014 section 558ZAD

Power to apply to relevant court for determination of questions or concerning exercise of powers

Section 558ZAD sets out who may apply to court to resolve questions or disputes that arise during the rescue process for an eligible small or micro company.

• The process adviser, the company's directors, or the Corporate Enforcement Authority may apply to the relevant court during the rescue period
• Applications may cover any question arising during the rescue period, including matters relating to the process adviser's powers
• The court may grant the application in whole or in part, on whatever terms and conditions it considers appropriate
• The court must be satisfied that determining the question would be just and equitable before it will hear the application