{
  "url": "https://openlegislation.uk/insolvency-rules-1986/rule-1.20",
  "json_url": "https://openlegislation.uk/insolvency-rules-1986/rule-1.20.json",
  "legislation": "uksi/1986/1925",
  "legislation_title": "The Insolvency Rules 1986",
  "legislation_url": "https://openlegislation.uk/insolvency-rules-1986",
  "path": "rule/1.20",
  "kind": "rule",
  "number": "1.20",
  "heading": "Requisite majorities (members)",
  "text": "(1) Subject as follows, and to any express provision made in the articles, at a company meeting any resolution is to be regarded as passed if voted for by more than one-half in value of the members present in person or by proxy and voting on the resolution.\nThe value of members is determined by reference to the number of votes conferred on each member by the company’s articles.\n(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(3) If the chairman uses a proxy contrary to Rule 1.15, his vote with that proxy does not count towards any majority under this Rule.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in rule 1.20(1) inserted (11.1.1988 with application in accordance with rule 3(1)(2)) by The Insolvency (Amendment) Rules 1987 (S.I. 1987/1919), rule 1, Sch. para. 5"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in rule 1.20(1) added (11.1.1988 with application in accordance with rule 3(1)(2)) by The Insolvency (Amendment) Rules 1987 (S.I. 1987/1919), rule 1, Sch. para. 5"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Rule 1.20(2) omitted (1.1.2003) by virtue of The Insolvency (Amendment) (No. 2) Rules 2002 (S.I. 2002/2712), rule 1(1),, Sch para. 11 (with rule 3(2))"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "in force at 29.12.1986, see rule 0.1"
    }
  ],
  "outstanding_effects": [
    {
      "type": "substituted for rule 4.54(5)",
      "affecting": "uksi/2010/686",
      "affecting_title": "The Insolvency (Amendment) Rules 2010"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1986/1925/rule/1.20",
    "retrieved_at": "2026-10-29T16:38:55.219722+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."
}