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Home » Companies House » Cease to act as administrative receiver, receiver or manager (RM02)

Cease to act as administrative receiver, receiver or manager (RM02)

Companies House Form RM02 is used to inform Companies House when an administrative receiver, receiver or manager is no longer required for a company.

An administrative receiver is assigned by a secured creditor to keep and protect the company’s assets, realise them to satisfy the creditor’s loan, and operate as the administration’s representative. This is done without a winding-up order or an administration order.

A receiver is a person appointed to collect or realise an insolvent company’s assets. Any type of lender, such as a bank, debenture holder or other creditor, can appoint a receiver so long as a security document is in place.

A manager is assigned by a court-ordered administration when a company’s financial situation is uncertain and its affairs need to be investigated. The manager is in charge of making sure the company’s assets are kept or sold to benefit creditors.

This form is to be filled out when ceasing to act in these roles. Part A should be used if the date of cessation is before 6 April 2013 and Part B if the cessation date is after 6 April. Forms must be printed on A4 white paper in full size.

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