(1)
An application to the Court for an administration order in respect of a company (in this Act referred to as an “administration application”) may be made by—
(a)
the company ;
(b)
the directors of the company ;
(c)
one or more creditors of the company ;
(d)
the designated officer of the Federal High Court appointed to act as a receiver under this Act or any other law ; or
(e)
a combination of the persons listed in paragraphs (a)-(d (2) As soon as is reasonably practicable after the making of an administration application, the applicant shall notify—
(a)
any Court that has appointed a receiver and any person who has appointed a receiver of the company ;
(b)
a person who has, who is or who may be entitled to appoint a receiver of the company ;
(c)
a person who is or may be entitled to appoint an administrator of the company under section 452 of this Act ; and
(d)
such other persons as may be prescribed.
(3)
An administration application shall not be withdrawn without the permission of the Court.
(4)
In subsection (1), “creditor” includes a contingent creditor and a prospective creditor.