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22 : Supervisor :

The licensed Insolvency Practitioner who is appointed to oversee the implementation of the CVA and the way that it is conducted. The Supervisor’s role can almost be compared to that of a referee in that he should ensure that the balance between the company's wishes and the creditors’ wishes is maintained whilst not straying from the framework of the Proposal.

Click on the word or phrase to find a straightforward explanation rather than the exact legal definition.

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Last updated :

1st February 2012.

NancollasGreer
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NancollasGreer
Third Floor
31 Chatsworth Road
Worthing
West Sussex
BN11 1LY

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email : facts@nancollasgreer.com

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