put into administration

phrasal verb

  • Business (Corporate) Law/Company Law
  • Debtor-Creditor
  • Bankruptcy Law

Definitions of put into administration

  • to give into the care of an insolvency practitioner who has wide powers to reorganise and realise assets in order to save the company from liquidation

    Celtic had faced a High Court hearing on Wednesday, 1 July but were put into administration the evening before.

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Phrase Bank for put into administration