Meaning administrative receivership
What does administrative receivership mean? Here you find 5 meanings of the word administrative receivership. You can also add a definition of administrative receivership yourself
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administrative receivershipThe position in which an insolvent company may find itself when debenture holders, eg banks, have appointed an administrative receiver (often called the receiver) to realise a company's assets an [..]
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administrative receivershipThe process where a Licensed Insolvency Practitioner is appointed by a debenture holder (lender) to realise a company’s assets and pay preferential creditors and the debenture holder’s debt. The right [..]
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administrative receivershipThe term applied when a licensed insolvency practitioner is appointed as an administrative receiver.
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administrative receivership The process where an insolvency practitioner is appointed by a debenture holder (lender) to realise a company’s assets and pay preferential creditors and the debenture holder’s debt. The right of a debenture holder to appoint an administrative receiver has been restricted by the Enterprise Act 2002.
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administrative receivershipAn administrative receivership is the term for when a person is appointed as an administrative receiver. Sometimes abbreviated to receivership.
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