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Commercial Law

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Question:

What is an office-holder?

Author: Kuba Pastula



Answer:

A licensed insolvency practitioner who is primarily responsible for managing the insolvency procedure. The title of the office-holder will depend on the insolvency procedure; for example, a liquidator in liquidation, an administrator in administration, a receiver in receivership, a monitor in a moratorium and a supervisor in a CVA.


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