材料全屏 Aspin is the Finance Director of Getz Ltd. The company has recently gone through a severe downturn in its business and has failed to pay some of its creditors. Six weeks ago, one of the company's creditors, Aero Ltd, made a written demand for the payment of £900. Aspin believes that Getz Ltd may be the subject of a compulsory liquidation order and seeks advice, he is particularly concerned about the effect of a compulsory liquidation on the following matters: (1) The sale of a company office building that is currently being advertised (2)
A、threatened legal action by one of Getz Ltd's suppliers against the company (3) The company's employees (4)
A、number of floating charges that are secured against company inventory 30 【论述题】 State whether Aero Ltd has grounds for the compulsory liquidation of Getz Ltd
A、threatened legal action by one of Getz Ltd's suppliers against the company (3) The company's employees (4)
A、number of floating charges that are secured against company inventory 30 【论述题】 State whether Aero Ltd has grounds for the compulsory liquidation of Getz Ltd
【参考答案及解析】
An administration order is an order of the court that puts an insolvency practitioner in control of the company with a defined programme for rescuing the company from insolvency as a going concern. Its effect is to insulate the company from its creditors while it seeks, to save itself, or failing that, to achieve a better result for creditors than an immediate liquidation would secure, or failing that, to realise property so as to make a distribution to creditors.
An administration order is an order of the court that puts an insolvency practitioner in control of the company with a defined programme for rescuing the company from insolvency as a going concern. Its effect is to insulate the company from its creditors while it seeks, to save itself, or failing that, to achieve a better result for creditors than an immediate liquidation would secure, or failing that, to realise property so as to make a distribution to creditors.