What happens when a copmany goes into administration?

Anonymous

∙ 14y ago

Updated: 8/17/2019

It means that someone is appointed to oversee all financial matters relating to the company - wages, debtors, creditors, payments, receipts etc - in order to raise enough money to keep the company going.

If that fails, the company is usually folded.

Wiki User

∙ 14y ago

What else can I help you with?

World largest car copmany in the world?

Toyota

What happens when Simon goes into the woods?

he goes and has seizuers

What happens when rear seal goes out?

A leak happens

What happens if the transaxle range sensor goes bad?

what happens if the transaxle range sensor goes bad?

What happens when Simon goes back into the woods?

he goes and has seizuers

What happens when supply goes down?

when supply goes down the price goes up>

What happens when a crankshaft sensor goes out?

when it goes out it just goes out:D when it goes out it just goes out:D when it goes out it just goes out:D

What happens to the water when it goes up into the air?

it goes up into the clouds

What happens when hearing goes bad?

What?

What happens when Moose goes public?

what is your answer

What happens to the speed of particles if the temperature goes up?

Speed goes up as temperature goes up.

What happens on binweevils if you run out of fuel?

it goes dark...........................