administration order


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administration order

1 an order that can be made by a court to protect a person who has a county court judgment against them from their creditors pending repayment.
2 an order made by a court in respect of a company that appoints an ADMINISTRATOR to take control of the company.
References in periodicals archive ?
Last week Justice Ochieng granted the administration order after a successful application by four of its suppliers and gave them 60 days to work on the recovery of the company.
But Record Sport understands the final payment of about pounds 200,000 was not paid and on July 29 the taxman lodged a petition for an administration order at the Court of Session.
ORDER AGAINST E-CLEAR A High Court judge granted an administration order Tuesday against Cypriot owned E-Clear, the company which dealt with the online ticket sales of collapsed travel firm Globespan.
Simon Mortimore, QC, representing Pricewaterhouse Coopers (PwC), administrators of Globespan, was seeking an administration order against E-Clear.
Simon Lundy, of Ingram's accountants Begbies Traynor, said: "We advised the directors that the company should seek an administration order and in the meantime Ingram Care Services entered into negotiations with Positive Life Choices for the sale of Ingram's assets and business once the company was in administration.
Maidstone-based London & Swallow Group's administration order covers 671 sites with over 7,000 employees.
An administration order was made against the firm in Newcastle County Court on February 15.
Mr Justice Weir told the court: "I have decided to make an administration order.
That 1995 Clinton administration order implemented the most ambitious and productive declassification program ever adopted, according to the Freedom Forum.
As it is a limited company, you should apply to the court for an administration order to wind it up.
However, the expected level of future orders has not been achieved and consequently the directors feel that they are left with no alternative but to seek the protection afforded by an administration order.
Leeds were yesterday given a week's grace to find the cash to avoid an administration order.

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