Administrative Receiver

Definitions

Administrative Receiver Receiver Floating Charge Company Assets Business Management

An individual appointed by the holder of a floating charge over a company's assets, with powers to sell the secured assets or manage the company's business.

Definitions

Insolvency Practitioner

Insolvency Practitioner Liquidator Administrator Administrative Receiver Voluntary Arrangement Insolvency Practitioners Association Institute of Chartered Accountants

An insolvency practitioner is a qualified professional tasked with handling financial instability and administration processes such as liquidation, administration, or voluntary arrangements.

Definitions

Receiver

Receiver Receivership Bankruptcy Official Receiver Administrative Receiver Floating Charge Fixed Charge Liquidation

A receiver is an individual appointed to manage the property, assets, or business operations of an entity during bankruptcy or other legal proceedings. The specific powers and duties of a receiver can vary based on the type of receivership.