Administration

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Revision as of 12:42, 19 January 2017 by imported>Doug Williamson (Added link to Going conern)
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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.


See also