Rule 3.48 Publication etc. of statement of affairs or statement of proposalsC1

(1)

CPR Part 31 does not apply to an application under rule 3.45, 3.46 or 3.47.

(2)

If, after the administrator has sent a statement of proposals under paragraph 49(4) of Schedule B1, a statement of affairs is delivered to the registrar of companies in accordance with rule 3.47(2) as the result of the rescission or amendment of an order, the administrator must deliver to the creditors a copy or summary of the statement of affairs as delivered to the registrar of companies.

(3)

The administrator is taken to comply with the requirements for delivery to members of the company in rule 3.45(4) or 3.47(3) if the administrator publishes the required notice.

(4)

The required notice must—

(a)

be advertised in such manner as the administrator thinks fit;

(b)

state that members can request in writing—

(i)

a copy of the statement of proposals to the extent provided by the order, and

(ii)

an indication of the nature of the matter in relation to which the order was made;

(c)

state the address to which to such a written request is to be made; and

(d)

be published as soon as reasonably practicable after the administrator has delivered the statement of proposals to the extent provided by the order to the company's creditors.

Annotations

Modifications

C1: Rules 3.44-3.52 applied (with modifications) (19.3.2024) by The Water Industry (Special Administration) (England and Wales) Rules 2024 (S.I. 2024/229), rules 1, 5, 48, 49, Sch. (with rule 2(2))