Administration Order (noun) Definition, Meaning & Examples

noun law
  1. an order by a court appointing a person to manage a company that is in financial difficulty, in an attempt to ensure the survival of the company or achieve the best realization of its assets
  2. an order by a court for the administration of the estate of a debtor who has been ordered by the court to pay money that he owes
Administration Order (noun) Definition, Meaning & Examples

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