Administration: Difference between revisions
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''UK insolvency law'' | ''UK insolvency law'' | ||
A procedure in relation to a company in financial difficulties with a view to securing its survival as a going concern. | A procedure in relation to a company in financial difficulties with a view to securing its survival as a going concern. | ||
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== See also == | == See also == | ||
* [[Going concern]] | |||
* [[Liquidation]] | * [[Liquidation]] | ||
* [[Receivership]] | * [[Receivership]] | ||
Revision as of 12:42, 19 January 2017
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.
