{
  "url": "https://openlegislation.uk/insolvency-rules-1986/rule-2.45",
  "json_url": "https://openlegislation.uk/insolvency-rules-1986/rule-2.45.json",
  "legislation": "uksi/1986/1925",
  "legislation_title": "The Insolvency Rules 1986",
  "legislation_url": "https://openlegislation.uk/insolvency-rules-1986",
  "path": "rule/2.45",
  "kind": "rule",
  "number": "2.45",
  "heading": "Revision of the administrator’s proposals",
  "text": "(1) The administrator shall, under paragraph 54, make a statement setting out the proposed revisions to his proposals which he shall attach to [FORM 2.16]Form 2.22B and send to all those to whom he is required to send a copy of his revised proposals.\n(2) The statement of revised proposals shall include—\n(a) details of the court where the proceedings are and the relevant court reference number;\n(b) the full name, registered address, registered number and any other trading names of the company;\n(c) details relating to his appointment as administrator, including the date of appointment and the person making the administration application or appointment;\n(d) the names of the directors and secretary of the company and details of any shareholdings in the company they may have;\n(e) a summary of the initial proposals and the reason(s) for proposing a revision;\n(f) details of the proposed revision including details of the administrator’s assessment of the likely impact of the proposed revision upon creditors generally or upon each class of creditors (as the case may be);\n(g) where a proposed revision relates to the ending of the administration by a creditors' voluntary liquidation and the nomination of a person to be the proposed liquidator of the company, a statement that, in accordance with paragraph 83(7) and Rule 2.117(3), creditors may nominate a different person as the proposed liquidator, provided that the nomination is made after the receipt of the revised proposals and before those revised proposals are approved; and\n(h) any other information that the administrator thinks necessary to enable creditors to decide whether or not to vote for the proposed revisions.\n(3) Subject to paragraph 54(3), within 5 days of sending out the statement in paragraph (1) above, the administrator shall send a copy of the statement to every member of the company.\n(4) When the administrator is acting under paragraph 54(3), the notice shall be published once in such newspaper as he thinks most appropriate for ensuring that the notice comes to the attention of the company’s members. The notice shall—\n(a) state the full name of the company;\n(b) state the name and address of the administrator;\n(c) specify an address to which members can write for a copy of the statement; and\n(d) be published as soon as reasonably practicable after the administrator sends the statement to creditors.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 2 substituted (15.9.2003) by The Insolvency (Amendment) Rules 2003 (S.I. 2003/1730), rule 1(2), Sch. 1 para. 9 (with rule 5(2)-(4))"
    }
  ],
  "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/2.45",
    "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."
}