Explain the procedure Lazy Days Ltd should follow when appointing an administrator
【参考答案及解析】
Appointing an administrator involves sending a notice in the prescribed form identifying the proposed administrator and a statutory declaration that: (i) The company is, or is likely to be, unable to pay its debts (ii) The company is not in liquidation (iii) As far as ascertainable there is no restriction in making the appointment
Appointing an administrator involves sending a notice in the prescribed form identifying the proposed administrator and a statutory declaration that: (i) The company is, or is likely to be, unable to pay its debts (ii) The company is not in liquidation (iii) As far as ascertainable there is no restriction in making the appointment