voluntary administration
| 14:06 Feb 24, 2012 |
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| English to Spanish translations [PRO] Bus/Financial - Management | |||||||
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| 3 | administración externa voluntaria / administración externa de común acuerdo |
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| Discussion entries: 2 | |
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Answers
10 days confidence: 
administración externa voluntaria / administración externa de común acuerdo Explanation: Hola Daltry, A priori algo voluntario indicaría que es sin fines/ánimos de lucro o de beneficencia. También podría indicar que esta empresa voluntariamente se inclinó para implementar un servicio de administración, en el caso de que antes no la haya tenido... Pero...un sitio australiano explica lo que significa: http://www.asic.gov.au/asic/ASIC.NSF/byHeadline/Employees - ... y entonces lo traduciria como administración externa voluntaria o administración externa de común acuerdo What is a voluntary administration? Voluntary administration is an insolvency procedure where the directors of a financially troubled company or a secured creditor with a charge over most of the company’s assets appoint an external administrator called a ‘voluntary administrator’. The role of the voluntary administrator is to investigate the company’s affairs, to report to creditors and to recommend to creditors whether the company should enter into a deed of company arrangement, go into liquidation or be returned to the directors. A voluntary administrator is usually appointed by a company’s directors, after they decide that the company is insolvent or likely to become insolvent. Less commonly, a voluntary administrator may be appointed by a liquidator, provisional liquidator, or a secured creditor. Reference: http://www.asic.gov.au/asic/ASIC.NSF/byHeadline/Employees%20... |
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