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WHAT DOES ADMINISTRATION ORDER MEAN IN ENGLISH?
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – an alternative to liquidation – is often known as going into administration. A company in administration is operated by the administrator on behalf of the creditors as a going concern while options are sought short of liquidation. These options include recapitalising the business, selling the business to new owners, or demerging it into elements that can be sold and closing the remainder. Administration differs from receivership in that it is usually carried out by a judicial authority, whereas receivership is called in by the bank or creditors involved.
Definition of administration order in the English dictionary
The definition of administration order in the dictionary is an order by a court appointing a person to manage a company that is in financial difficulty, in an attempt to ensure the survival of the company or achieve the best realization of its assets. Other definition of administration order is an order by a court for the administration of the estate of a debtor who has been ordered by the court to pay money that he owes.
The translations of administration order from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «administration order» in English.
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «administration order».
FREQUENCY OF USE OF THE TERM «ADMINISTRATION ORDER» OVER TIME
The graph expresses the annual evolution of the frequency of use of the word «administration order» during the past 500 years. Its implementation is based on analysing how often the term «administration order» appears in digitalised printed sources in English between the year 1500 and the present day.
Examples of use in the English literature, quotes and news about administration order
10 ENGLISH BOOKS RELATING TO «ADMINISTRATION ORDER»
Discover the use of administration order in the following bibliographical selection. Books relating to administration order and brief extracts from same to provide context of its use in English literature.
Principles of Hospitality Law
Two others exist: (a) company voluntary arrangements; (b) administration order.
These are provided for in Part I of the Insolvency Act 1986. Voluntary
arrangements Sections 1-7 of the Insolvency Act 1986 relate to a procedure
whereby a ...
Michael John Boella, Michael Boella, Alan Pannett, 1999
The Future of Consumer Credit Regulation: Creative ...
Unlike sequestration, section 74 does not formally require a benefit or advantage
for creditors.17 In order to obtain the administration order, the debtor should
nevertheless be able to have an income that would allow them to make regular ...
Michelle Kelly-Louw, James P. Nehf, Peter Rott, 2008
Company Directors Disqualification Act 1986; EC Regulation ...
... administration order Consent of administrator(s) to act Affidavit of service of
petition for administration order Administration order Notice to administrator of
administration order Notice of administration order (for newspaper or London
L. S. Sealy, David Milman, 2012
Enterprise Act 2002
(2) In subsection (1)(b) for "an administration order is in force in relation to a
company" substitute "a company enters administration". (3) In subsection (3)(a)(ii)
for "the administration order is made" substitute "the company enters
Stationery Office Staff, 2002
Banking Act 2009: Elizabeth II -
Parts - Bank Administration Process 141 Bank administration order (1) A bank
administration order is an order appointing a person as the bank administrator of
a bank. (2) A person is eligible for appointment as a bank administrator if
Sealy & Milman. Volume 2: Annotated Guide to Insolvency ...
Effect of administration order Execution by registrar Right of landlord to distrain
notwithstanding order Appropriation of money paid under order and discharge of
order ADMINISTRATION ORDERS 112. Power to make administration order 113.
L. S. Sealy, David Milman, 2011
Reform of UK Company Law
a winding-up petition. A petition for an administration order takes up more time,
effort and cost than an unopposed winding-up petition. Even though
administration orders are not normally opposed, the court has to consider the
evidence said to ...
John De Lacy, 2013
Energy Act 2004: Elizabeth II
Part 3 - Energy Regulation Chapter 3 - Special administration regime for energy
licensees (4) If an application for an energy administration order in relation to the
company is made to the court in accordance with section 156(1) after an ...
Great Britain, 2004
Blackstone's Civil Practice 2013: The Commentary
Court's powers on hearing an application On hearing an application for an
administration order to be made in relation to a company the court may, by the
Insolvency Act 1986, sch. B1, para. 13(1), make the order, or dismiss the
Prof Stuart Sime, Derek French, Maurice Kay, 2012
Energy Act 2004: Chapter 20, Explanatory Notes
This section provides that a court may make an energy administration order
appointing an energy administrator in relation to a protected energy company i.e.
a company which holds a gas transportation licence or an electricity transmission
HM Government, 2004
10 NEWS ITEMS WHICH INCLUDE THE TERM «ADMINISTRATION ORDER»
Find out what the national and international press are talking about and how the term administration order is used in the context of the following news items.
Potential Changes to Creditors' Rights in the BVI – Administration …
An application is made to the BVI court for an administration order. If the order is granted then an administrator (who must be a licensed ... «JD Supra, Jun 15»
U.S. Arms Sales to Lebanon Empowering Hezbollah, Iran
Newly announced U.S. arms sales to Lebanon coincide with an Obama administration order to cut funding for an anti-Hezbollah Lebanese ... «Washington Free Beacon, Jun 15»
Study finds connection between age-related cognitive decline and …
Thus, the researchers hope that future studies of aging and brain dynamics will continue to account for drug administration order as an ... «Medical Xpress, Jun 15»
American Airlines to launch Dreamliner service
American Airlines will launch its 787 Dreamliner service Thursday, despite a recent Federal Aviation Administration order related to its power ... «WDJT, May 15»
Potential buyers showing interest in Aberystwyth's stricken Royal Pier
... doubt last month after owners Don Leisure Limited confirmed their decision to seek an administration order due to a substantial loss in trade. «WalesOnline, Apr 15»
Employment and insolvency reforms will redress the balance for …
Development of best practice guidance on the sharing of information with employees and trade unions where an administration order is likely. «Accountancy Age, Apr 15»
Pier future in doubt
... said in a statement: “Recent poor trading results has necessitated the owners of the Pier to seek the protection of an administration order. «cambrian-news.co.uk, Mar 15»
Fight is on to save Aberystwyth's iconic Victorian Pier after …
... of business as factors in their decision to seek an administration order. As a result they have invited potential buyers to save the landmark. «WalesOnline, Mar 15»
City Link collapse has exposed insolvency flaws, say MPs
... best practice guidance for the sharing of information with employees and unions when an administration order is under consideration. «Retail Week, Mar 15»
Frame Wise in administration
... a bad debt gave rise to cashflow difficulties which made directors of Wales-based Frame Wise seek the protection of an administration order. «Timber Trades Journal, Feb 15»
« EDUCALINGO. Administration order [online]. Available <https://educalingo.com/en/dic-en/administration-order>. Nov 2019 ».