词汇 | administration-order |
释义 | administration order noun[ C ] LAW UKukus an order by a court for a company that cannot pay its debts to be managed by an independent administrator who will try to improve the company's financial situation and to keep it operating: The company had applied to the Court of Session for an administration order and put the business into the hands of the accountants. Examples of administration orderadministration order An application to the court for an administrationorder may be made by the company, the directors, a creditor or any combination of them. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In countries that permit the making of an administrationorder, the floating charge had another key benefit. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. So here the company was granted an administrationorder, which led to its major creditor granting funding to continue four building contracts. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Companies and other corporations enter into differently named legal insolvency procedures: liquidation and administration (administrationorder and administrative receivership). From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. He withdrew his financial backing and as a result the club was subject to an administrationorder. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Certainly the prospects for the company, its employees and creditors look bleak if no administrationorder is made and there has to be a winding up. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. An administrationorder was made. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In most cases this should be possible, since if the administrationorder has been rightly made the business should generally be sufficiently viable to hold down current outgoings. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. As already noted, the purpose of the prohibition is to enable or assist the company to achieve the object for which the administrationorder was made. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This would appear to follow from the fact that the administrationorder directs that the affairs, business and property of the company are to be managed by the administrator. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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