Official Receiver

official receiver
index assessor

Burton's Legal Thesaurus. . 2006


official receiver
A civil servant who acts as a liquidator and deals with the administration of compulsory liquidations and bankruptcies. He is usually required to administer companies in liquidation where no other liquidator is appointed at the creditors and shareholders meetings.

Easyform Glossary of Law Terms. — UK law terms.


Official Receiver
the official appointed by the Secretary of State who acts as interim receiver and manager of the estate of the debtor and presides at the first meeting of creditors. In a company winding up he often becomes provisional liquidator when a winding-up order is made.

Collins dictionary of law. . 2001.


Official Receiver
Official Receiver (OR)
An officer of the court and civil servant who deals with bankruptcies (bankruptcy) and compulsory company liquidations. He has various functions such as:
• After a petition for an insolvency order has been presented, the court may appoint him as interim receiver or provisional liquidator.
• He becomes receiver and manager when the court makes a bankruptcy order against an individual and becomes the first liquidator when the court makes a winding up order against a company.
• He investigates the conduct of bankrupts and directors.
For further information, see the Insolvency Service website: .
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • official receiver — UK / US noun [countable] Word forms official receiver : singular official receiver plural official receivers someone whose job is to manage the property of a person or company that is bankrupt (= cannot pay what they owe) …   English dictionary

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  • official receiver — /əˌfɪʃ(ə)l rɪ si:və/ noun a government official who is appointed to run a company which is in financial difficulties, to pay off its debts as far as possible and to close it down ● The company is in the hands of the offical receiver …   Dictionary of banking and finance

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