{
  "url": "https://openlegislation.uk/insolvency-northern-ireland-order-1989/schedule-B1/paragraph-52",
  "json_url": "https://openlegislation.uk/insolvency-northern-ireland-order-1989/schedule-B1/paragraph-52.json",
  "legislation": "nisi/1989/2405",
  "legislation_title": "The Insolvency (Northern Ireland) Order 1989",
  "legislation_url": "https://openlegislation.uk/insolvency-northern-ireland-order-1989",
  "path": "schedule/B1/paragraph/52",
  "kind": "paragraph",
  "number": "52",
  "heading": null,
  "text": "(1) Each copy of an administrator's statement of proposals sent to a creditor under paragraph 50(4)(b) must be accompanied by an invitation to a creditors' meeting (an “initial creditors' meeting”).\n(2) The date set for an initial creditors' meeting must be—\n(a) as soon as is reasonably practicable after the company enters administration, and\n(b) in any event, within the period of 10 weeks beginning with the date on which the company enters administration.\n(3) An administrator shall present a copy of his statement of proposals to an initial creditors' meeting.\n(4) A period specified in this paragraph may be varied in accordance with paragraph 108.\n(5) An administrator commits an offence if he fails without reasonable excuse to comply with a requirement of this paragraph.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. B1 inserted (27.3.2006) by Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), arts. 1(3), 3(2), Sch. 1 (with art. 4); S.R. 2006/21, art. 2 (with S.R. 2006/22, arts. 2-7)"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Sch. B1 para. 52 applied (with modifications) (4.1.2024) by S.I. 2021/716, reg. 37A (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), regs. 1(2), 12)"
    },
    {
      "type": "C",
      "label": "C2",
      "text": "Sch. B1 para. 52 excluded (4.1.2024) by S.I. 2021/716, reg. 38(6) (as substituted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), regs. 1(2), 13)"
    },
    {
      "type": "C",
      "label": "C3",
      "text": "Sch. B1 applied (with modifications) (4.1.2024) by S.I. 2021/716, Sch. 2A para. 6 (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), reg. 1(2), Sch. 2)"
    }
  ],
  "outstanding_effects": [
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    {
      "type": "amendment to earlier affecting provision Sch. 2 1995/225",
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      "affecting_title": "Insolvency (Amendment) Act (Northern Ireland) 2026"
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    {
      "type": "repealed",
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      "affecting_title": "Insolvency (Amendment) Act (Northern Ireland) 2016"
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    },
    {
      "type": "substituted for para (d)",
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    {
      "type": "substituted for Sch. B1 para. 99(2)(3)",
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  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisi/1989/2405/schedule/B1/paragraph/52",
    "retrieved_at": "2026-10-29T04:47:04.938020+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}