Administration: Difference between revisions
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imported>Doug Williamson (Split sentence into two as per Glossary and corrected spelling mistake in realisation) |
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* [[Receivership]] | * [[Receivership]] | ||
* [[Insolvency]] | * [[Insolvency]] | ||
* [[Examinership]] | |||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
Revision as of 15:39, 13 April 2016
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 realisation of its assets than would be possible on a liquidation or through a voluntary arrangement.
