Rule 3.41 Notice of the creditors' decision on the administrator's proposals (paragraph 53(2))

(1)

In addition to delivering a report to the court and the registrar of companies (in accordance with paragraph 53(2) of Schedule B1) the administrator must deliver a report to—

(a)

the company's creditors (accompanied by a copy of the statement of proposals, with the statement required by rule 3.35(10)(a) and (b), if it has not previously been delivered to the creditor); and

(b)

every other person to whom a copy of the statement of proposals was delivered.

(2)

A report mentioned in paragraph (1) must contain—

(a)

identification details for the proceedings;

(b)

details of decisions taken by the creditors including details of any modifications to the proposals which were approved by the creditors; and

(c)

the date such decisions were made.

(3)

A copy of the statement of proposals, with any statements required by rule 3.35(9) and (10), must accompany the report to the court.

Notes on Chapter 7

Modifications

C1: Pt. 3 Ch. 7 applied (with modifications) (19.3.2024) by The Water Industry (Special Administration) (England and Wales) Rules 2024 (S.I. 2024/229), rules 1, 5(1)(b), 47 (with rule 2(2))