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?
Ask the Tutor ACCA LW
Administrator appointment
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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