What does examinership mean?
Definitions for examinership
ex·am·in·er·ship
This dictionary definitions page includes all the possible meanings, example usage and translations of the word examinership.
Wiktionary
examinershipnoun
a legal process a company gets protection from the Court, in order to survive.
Wikipedia
Examinership
Examinership: 1379–1460 : 489–608 is a process in Irish law whereby the protection of the Court is obtained to assist the survival of a company. It allows a company to restructure with the approval of the High Court. To obtain the appointment of an examiner it is necessary to petition the High Court and persuade the court that there is a reasonable prospect of survival of the company and the whole or part of its undertaking if an examiner is appointed. The examiner has a fixed period of 70 days: 1344 (extensible to 100 days: 1369 ) in which to prepare a scheme of arrangement, which must be approved by at least one class of creditors of the company. If it can be shown that the scheme provides for the survival of the company and the whole or part of its undertaking and that it is not unfairly prejudicial to any creditor(s) of the company the court has discretion to approve the scheme. In most schemes of arrangement an investor will invest in the company and part of the money invested will be used to pay a dividend to each class of creditors.: 1321
Webster Dictionary
Examinershipnoun
the office or rank of an examiner
Wikidata
Examinership
Examinership is a process in Irish law whereby the protection of the Court is obtained to assist the survival of a company. It allows a company to restructure with the approval of the High Court. In order to obtain the appointment of an examiner it is necessary to petition the High Court and persuade the court that there is a reasonable prospect of survival of the company and the whole or part of its undertaking if an examiner is appointed. The examiner has a fixed period of 70 days in which to prepare a scheme of arrangement, which must be approved by at least one class of creditors of the company. If it can be shown that the scheme provides for the survival of the company and the whole or part of its undertaking and that it is not unfairly prejudicial to any creditor of the company the court has discretion to approve the scheme. In most schemes of arrangement an investor will invest in the company and part of the money invested will be used to pay a dividend to each class of creditors.
Numerology
Chaldean Numerology
The numerical value of examinership in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of examinership in Pythagorean Numerology is: 6
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"examinership." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/examinership>.
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