# The Insolvency Rules 1986, Rule 1.7: Nominee's report on the proposal

Extent: E+W

(1) With his report to the court under section 2 the nominee shall deliver—
(a) a copy of the directors' proposal (with amendments, if any, authorised under Rule 1.3(3)); and
(b) a copy or summary of the company's statement of affairs.
(2) If the nominee makes known his opinion that the directors' proposal has a reasonable prospect of being approved and implemented and that meetings of the company and its creditors should be summoned under section 3, his report shall have annexed to it his comments on the proposal.
If his opinion is otherwise, he shall give his reasons for that opinion.
(3) The court shall cause the nominee's report to be endorsed with the date on which it is filed in court. Any director, member or creditor of the company is entitled, at all reasonable times on any business day, to inspect the file.
(4) The nominee shall send a copy of his report, and of his comments (if any), to the company.

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Source: https://www.legislation.gov.uk/uksi/1986/1925/rule/1.7 (the official version)
Page: https://openlegislation.uk/insolvency-rules-1986/rule-1.7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.