- official receiver
A civil servant who acts as a liquidator and deals with the administration of compulsory liquidations and bankruptcies. He is usually required to administer companies in liquidation where no other liquidator is appointed at the creditors and shareholders meetings.
Easyform Glossary of Law Terms. — UK law terms.
- Official Receiver
the official appointed by the Secretary of State who acts as interim receiver and manager of the estate of the debtor and presides at the first meeting of creditors. In a company winding up he often becomes provisional liquidator when a winding-up order is made.
Collins dictionary of law. W. J. Stewart. 2001.
- Official Receiver
Official Receiver (OR)An officer of the court and civil servant who deals with bankruptcies (bankruptcy) and compulsory company liquidations. He has various functions such as:• After a petition for an insolvency order has been presented, the court may appoint him as interim receiver or provisional liquidator.• He becomes receiver and manager when the court makes a bankruptcy order against an individual and becomes the first liquidator when the court makes a winding up order against a company.• He investigates the conduct of bankrupts and directors.For further information, see the Insolvency Service website: .Related links
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
См. также в других словарях:
official receiver — A person deemed to be an officer of the Court who reports to the Superintendent of Bankruptcy and performs duties as specified by the Bankruptcy and Insolvency Act. This has nothing to do with Receivership (Ontario Bankruptcy Dictionary) United… … Glossary of Bankruptcy
official receiver — noun : receiver 2b(4) * * * official receiver see under ↑receive • • • Main Entry: ↑office official receiver An official appointed by a govenment agency to manage the estate of a person, company, etc declared bankrupt, until a trustee has been… … Useful english dictionary
Official Receiver — An officer of the Insolvency Service of the United Kingdom, the Official Receiver (OR) is an officer of the court to which he is attached. The OR is therefore answerable to the courts for carrying out the courts orders and for fulfilling his… … Wikipedia
official receiver — a person appointed to investigate and manage the affairs of a company in receivership * * * official receiver official receiver ➔ receiver * * * official receiver UK US noun [C] ► UK LAW, FINANCE RECEIVER(Cf. ↑receiver) … Financial and business terms
official receiver — OR A person appointed by the Secretary of State for Trade and Industry to act as a receiver in bankruptcy and winding up cases. The High Court and each county court that has jurisdiction over insolvency matters has an official receiver, who is an … Accounting dictionary
official receiver — OR A person appointed by the Secretary of State for Trade and Industry to act as a receiver in bankruptcy and winding up cases. The High Court and each county court that has jurisdiction over insolvency matters has an official receiver, who is an … Big dictionary of business and management
official receiver — UK / US noun [countable] Word forms official receiver : singular official receiver plural official receivers someone whose job is to manage the property of a person or company that is bankrupt (= cannot pay what they owe) … English dictionary
official receiver — /əˌfɪʃ(ə)l rɪ si:və/ noun a government official who is appointed to run a company which is in financial difficulties, to pay off its debts as far as possible, and to close it down ● The court appointed a receiver for the company. ● The company is … Marketing dictionary in english
official receiver — /əˌfɪʃ(ə)l rɪ si:və/ noun a government official who is appointed to run a company which is in financial difficulties, to pay off its debts as far as possible and to close it down ● The company is in the hands of the offical receiver … Dictionary of banking and finance
official receiver — of.ficial re ceiver n BrE someone whose job is to take care of the financial affairs of a company or a person that is ↑bankrupt … Dictionary of contemporary English