Which TWO of the following will end an administration period? (1) After 12 months have elapsed since the administration commenced (2) The success of the administration (3)
A、court order granted following a special resolution of the members (4) Agreement of the creditors
A、1 and 2
B、1 and 4
C、2 and 3
D、3 and 4
A、court order granted following a special resolution of the members (4) Agreement of the creditors
A、1 and 2
B、1 and 4
C、2 and 3
D、3 and 4
【参考答案及解析】
A period of administration ends twelve months after it commenced or following the success of the administration. It may also end following a court order granted on application by the administrator or a creditor, or if an improper motive for applying for administration is discovered.
A period of administration ends twelve months after it commenced or following the success of the administration. It may also end following a court order granted on application by the administrator or a creditor, or if an improper motive for applying for administration is discovered.