Meaning Administrative receiver
What does Administrative receiver mean? Here you find 10 meanings of the word Administrative receiver. You can also add a definition of Administrative receiver yourself
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Administrative receiverAn administrative receiver refers to a person appointed by a court to administer the affairs of a company. S/he takes control of all, or substantially all, assets of a firm in receivership and is mand [..]
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Administrative receiverA person appointed by the holder of a floating charge covering the whole (or substantially the whole) of an insolvent company’s assets, in order to recover the money due to the secured creditor. An ad [..]
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Administrative receiverAppointed by a creditor under a specific power arising under the terms of a fixed or floating charge. The receiver's duty is to realise the value of the asset charged for the benefit of his credi [..]
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Administrative receiverA Licensed Insolvency Practitioner appointed by the holder of a floating charge. He can carry on the company’s business and sell the business and other assets comprised in the charge to repay the secured and preferential creditors. Floating charges created after 15 September 2003 can no appoint Administrative Receivers. Administrative Receivership [..]
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Administrative receiverAn Licensed Insolvency Practioner appointed by the holder of a debenture that is secured by a floating charge that covers the whole or substantially the whole of the company’s assets. The Licensed Ins [..]
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Administrative receiverAppointed by the holder of a floating charge covering the whole, or substantially the whole, of a company’s property. He can carry on the company’s business and sell the business and other assets comp [..]
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Administrative receiverAdministrative receiver refers to the appointment of a receiver over the whole of a company’s assets by the holder of a floating charge to recover monies owed to the lender. The administrative receiv [..]
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Administrative receiver : An IP appointed by the holder of a debenture that is secured by a floating charge that covers the whole or substantially the whole of the company’s assets. The IP’s task is to realise those assets on behalf of the debenture holder.
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Administrative receiverAn insolvency practitioner appointed by the holder of a floating charge covering the whole, or substantially the whole, of a company’s property. He may carry on the company’s business and sell the bus [..]
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Administrative receiverAppointed by the holder of a floating charge covering the whole, or substantially the whole, of a company’s property. He can carry on the company’s business and sell the business and other assets comp [..]
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