Administration Flashcards

1
Q

Administration
Give notice of intention to appoint to any prior QFCH by the QFCH

A

2 business days

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2
Q

Administration
For a statutory declaration to be filed at Court

A

5 business days

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3
Q

Administration
For a paper copy to be filed at court once the fax to the INSS has been sent for an out of hours appointment.

A

the next business day

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4
Q

Administration
For an administrator to advertise his appointment in the Gazette.

A

ASARP

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5
Q

Administration
To seek approval of the proposals when a SIP16 has been sent out to the creditors.

A

ASARP

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6
Q

Administration
For an administrator to send notice of his appointment to the Registrar

A

7 days

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7
Q

Administration
For the administrator to require the directors to provide a Statement of Affairs.

A

ASARP

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8
Q

Administration
For that Statement of Affairs to be submitted to the administrator.

A

11 days

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9
Q

Administration
For creditors to notify the administrator that they wish to apply to the Court for an order of disclosure of the Statement of Affairs.

A

3 business days

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10
Q

Administration
From when the company entered administration for a decision date to be set.

A

10 weeks

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11
Q

Administration
For the creditors to be given notice of the deemed consent or decision procedure.

A

14 days

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12
Q

Administration
To send the result of the meeting/decision procedure to the creditors/directors

A

ASARP

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13
Q

Administration
For the creditors to object to the proposal, otherwise it’s approved after this time.

A

8 business days

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14
Q

Administration
For a creditor to appeal against the chair’s determination on validity of a debt

A

21 days

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15
Q

Administration
Deadline for an adjournment to be set for a creditor’s meeting.

A

14 days

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16
Q

Administration
For the administrator to be required to attend upon the creditor’s committee.

A

7 days

17
Q

Administration
Progress reports to be submitted by the administrator.

A

6 months

18
Q

Administration
For an administrator to determine whether he wants to retain employees.

A

14 days

19
Q

Administration
For the administrator to file the notice of automatic end of administration from ceasing to be appointed.

A

5 business days