Which resolution is required to apply for the appointment of an administrator?

To apply for the appointment of an administrator, a board resolution is required. This is a formal decision made by the board of directors of a company, typically without needing the support of shareholders. The process of appointing an administrator is generally considered a management matter and falls under the powers of the board, specifically in situations like insolvency or financial distress.

An ordinary resolution, which is often mistaken as the correct answer, involves a simple majority vote and is usually applied to less significant corporate decisions. In contrast, the appointment of an administrator is a more critical step that managers take to protect the company's assets and ensure an orderly resolution to financial difficulties.

While special resolutions and unanimous resolutions involve higher thresholds of agreement from either a larger group of shareholders ( in the case of special resolutions) or all members (for a unanimous resolution), they are not necessary for administrative appointments. Thus, a board resolution is the most appropriate and sufficient authorizing document for this purpose.