01 April, 2019 in Company News

Company Options - Formal Arrangements - Administrative Receivership

It is no longer possible to appoint an administrative receiver in Northern Ireland under any security instrument created after 27 March 2006.

Administrative receivership is therefore becoming extermely rare.  There was only 1 administrative receivership in 2017.  Until then there were only 3 to 4 per annum.

 


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Back to: Guide to Business Rescue and the Insolvency Process - Overview

A PDF version of the full 'Guide to Business Resuce and the Insolvency Process' is available to download here.

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