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accounting & finance
action for insolvent companies
receivership
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salty poultry
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Cards (3)
what is receivershpi?
secured creditors
of company can
appoint
receiver
to
realise assets
and
repay them
their debt
owed
takes control of
all
/
part
of
company
with
intention
of
taking
control
of
secured
assets
to see
secured creditors
are
repaid
goal/objective?
takes
control
of
all
/
part
of
company
with
intention
of
taking
control
of
secured
assets
to see
secured creditors
are
repaid
who appoints receiver?
secured creditors
