Article 7 Creditors’ meeting generally

In Rule 2.036, for paragraph (7) substitute—

“(7)

(a)

If within 30 minutes from the time fixed for commencement of the meeting those persons attending the meeting do not constitute a quorum, the chairman may adjourn the meeting to such time and place as the chairman may appoint;

(b)

once only in the course of the meeting the chairman may, without an adjournment, declare the meeting suspended for any period up to one hour;

(c)

the chairman may, and shall if the meeting so resolves, adjourn the meeting to such time and place as seems to the chairman to be appropriate in the circumstances;

(d)

an adjournment under this paragraph shall not be for a period of more than 14 days, subject to the direction of the court;

(e)

if there are subsequently further adjournments, the final adjournment shall not be to a day later than 14 days after the date on which the meeting was originally held;

(f)

where a meeting is adjourned under this Rule, proofs and proxies may be used if lodged at any time up to 12.00 hours on the business day immediately before the adjourned meeting;

(g)

paragraph (3) of this Rule applies with regard to the venue fixed for a meeting adjourned under this Rule”.