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Rule 19 Chairman of meeting as proxy holder

Original text. Later amendments are not shown.

Where the chairman at a meeting of creditors holds a proxy which requires him to vote for a particular resolution and no other person proposes that resolution–

(a)

he shall propose it himself, unless he considers that there is good reason for not doing so, and

(b)

if he does not propose it, he shall forthwith after the meeting notify the person who granted him the proxy of the reason why he did not do so.