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Administration (law) - Wikipedia

In UK law, the administration regime is governed by the Insolvency Act 1986, as amended by the Enterprise Act 2002.An "administrator" can be appointed without petitioning the court by the holder of a floating charge (created since 15 September 2003), by the company or by its directors. Other creditors must petition the court to appoint an administrator.…

Insolvency: company administration

Administration is an insolvency process by which a company is placed under the control of a licensed insolvency practitioner, the “administrator”, who must try to achieve certain statutory objectives. At its heart, administration is a company rescue procedure. When an administration order is in place, a moratorium (often described as a…

What Does Going Into Administration Mean?

Going into administration is when a company becomes insolvent and is put under the management of Licensed Insolvency Practitioners. The directors and the secured lenders can appoint administrators through a court process in order to protect the company and their position as much as possible.…

Businesses in Administration Companies in Administration ...

The UK's comprehensive online database of English, Welsh and Scottish companies in administration and administrative receivership. The database is updated every day, and you can opt to have daily email alerts of businesses in administration.There are a number of insolvency practitioners who routinely list distressed businesses in administration directly with us.…

What Is the Difference between Administration and ...

Difference between Administration and Receivership. When a company is struggling financially, there is a very good possibility that it may be wound up by creditors through a formal insolvency procedure.It is the intent of these creditors to recover any money due to them which could entail the sale of the business and any of its assets.…

Scotland - Wikipedia

Under the Salmond administration, Scotland's trade and investment deals with countries such as China and Canada, where Salmond established the Canada Plan 2010–2015 which aimed to strengthen "the important historical, cultural and economic links" between both Canada and Scotland.Calling code: +44…