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Ask the Tutor ACCA LW

Administrator appointment

IIlham4y ago
Can the members also appoint an administrator without a court order? My exam kit says floating chargeholders, directors and THE COMPANY itself may appoint an administrator without a court order. Who exactly is it referring to by saying "the company", does it mean the members?
MikeLittleMikeLittleTutor4y ago#1
The expression ‘the company’ certainly does mean the members acting as a unified body and conducting business through majority voting OK?
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