Insolvency administrator
The court-appointed office holder with duties assigned by the type of proceedings and court decisions.
The insolvency administrator is appointed by the court. The office holder performs the duties provided for in the particular proceedings, especially in relation to safeguarding, administering and realising the estate and reviewing filed claims. The precise powers depend on the type of proceedings and the court's decisions.
The administrator is not the insolvency estate: the estate is the pool of assets, while the administrator is the acting office holder. Nor is the administrator an insolvency creditor. The creditors topic hub shows how creditors document their procedural position.
More information
General guidance, not advice on an individual matter.
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Insolvency estate
The assets subject to the insolvency proceedings and relevant to administration, realisation and creditor satisfaction.
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Insolvency creditor
A creditor who must pursue its claim in the insolvency proceedings under section 102 IO.
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Insolvency avoidance
The statutory mechanism by which certain pre-opening acts may be declared ineffective against insolvency creditors.
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