Administration

From ACT Wiki
Revision as of 11:27, 19 July 2019 by Doug Williamson (Talk | contribs) (Link with Pre pack administration page.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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