•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating


•Bankruptcy News

Media Room:
•Press releases
•Media Coverage

•About BankruptcyHelp
•Contact us
•Debt Glossary
•Insolvency jobs

  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum

Save Password
Forgot your Password?

 All Forums
 postings from 2007
 Company going into administration
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

los lobos
Junior Member

United Kingdom
170 Posts

Posted - 20 June 2007 :  21:44:32  Show Profile  Reply with Quote
How is an administrator appointed

Junior Member

United Kingdom
267 Posts

Posted - 24 June 2007 :  18:26:05  Show Profile  Reply with Quote
Do you mean an Official Receiver? I have no idea how they obtain their positions. If I come across anything how they are appointed I will post.

Take care

All I have left is my sense of humour.

Go to Top of Page

Junior Member

United Kingdom
172 Posts

Posted - 26 June 2007 :  22:37:59  Show Profile  Reply with Quote
Hi there

An Administrator (and not the Official Receiver as someone else has mentioned) can be appointed three ways

by the court making an administration order (appointing someone as administrator)

by the holder of what is known as a 'qualifying floating charge' (essentially a creditor of the company)

by the company or its directors

Hope this helps, but just ask if there's anything you specifically want to know.
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06