Administration: Difference between revisions
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imported>Doug Williamson m (Spacing.) |
imported>Doug Williamson m (Category added 8/10/13) |
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[[Category:Regulation_and_Law]] |
Revision as of 09:41, 8 October 2013
UK Insolvency law.
A procedure in relation to a company in financial difficulties with a view to securing its survival as a going concern or, failing that, to achieving a more favourable realistion of its assets than would be possible on a liquidation or through a voluntary arrangement.