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Voluntary Administration
Liquidation Direct are your Voluntary Administration Experts
If a company is insolvent or likely to become insolvent, a Voluntary Administrator may be appointed to take control of the company and try to work out a way to save the company or its business.
The Voluntary Administration legislation provides the legal framework for a company to obtain some breathing space to enable the directors, in consultation with the voluntary administrator, to formulate a plan to restructure the financial affairs of the company, if possible.
Find out more about voluntary administration below or to discuss the particular circumstance of the administration of your business or company, contact us directly.
- What is the purpose of a Voluntary Administration?
- How is a Voluntary Administrator appointed?
- How long does a Voluntary Administration last?
- What is the effect of the appointment of a Voluntary Administrator?
- What is the Voluntary Administrators role?
- What meetings are required in the Voluntary Administration period?
- How does the Voluntary Administrator notify creditors of any meetings?
- What are the options available under a Voluntary Administration?
- Voting and passing resolutions at the creditors meetings
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