Administration: Difference between revisions
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imported>Doug Williamson m (Spacing.) |
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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 or, failing that, to achieving a more favourable realistion of its assets than would be possible on a liquidation or through a voluntary arrangement. | 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. | ||
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* [[Liquidation]] | * [[Liquidation]] | ||
* [[Receivership]] | * [[Receivership]] | ||
Revision as of 15:31, 27 July 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.
