When an administrator is appointed to a company they must give an opinion as to the best of three options available to creditors. Which of the following is not one of the options available?

Question

Quizplus · Accepted Answer

While ending the voluntary administration and returning the company to the director's control (A), approving a deed of company arrangement (C), and winding up the company and appointing a liquidator (D) are all viable options available to the administrator, appointing a receiver (B) is not one of the options. The appointment of a receiver is typically done by a secured creditor who has security over the company's assets, not by an administrator.

When an Administrator Is Appointed to a Company They Must