{
  "url": "https://openlegislation.uk/insolvency-rules-1986/rule-2.49",
  "json_url": "https://openlegislation.uk/insolvency-rules-1986/rule-2.49.json",
  "legislation": "uksi/1986/1925",
  "legislation_title": "The Insolvency Rules 1986",
  "legislation_url": "https://openlegislation.uk/insolvency-rules-1986",
  "path": "rule/2.49",
  "kind": "rule",
  "number": "2.49",
  "heading": "Venue and conduct of company meeting",
  "text": "(1) Where the administrator summons a meeting of members of the company, he shall fix a venue for it having regard to their convenience.\n(2) The chairman of the meeting shall be the administrator or a person nominated by him in writing to act in his place.\n(3) A person so nominated must be either—\n(a) one who is qualified to act as an insolvency practitioner in relation to the company; or\n(b) an employee of the administrator or his firm who is experienced in insolvency matters.\n(4) If within 30 minutes from the time fixed for commencement of the meeting there is no person present to act as chairman, the meeting stands adjourned to the same time and place in the following week or, if that is not a business day, to the business day immediately following.\n(5) Subject as above, the meeting shall be summoned and conducted as if it were a general meeting of the company summoned under the company’s articles of association, and in accordance with the applicable provisions of the Companies Act.\n(6) Paragraph (5) does not apply where the laws of a member State and not the laws of England and Wales apply in relation to the conduct of the meeting. The meeting shall be summoned and conducted in accordance with the constitution of the company and the laws of the member State referred to in this paragraph shall apply to the conduct of the meeting.\n(7) The chairman of the meeting shall cause minutes of its proceedings to be entered in the company’s minute book.",
  "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/2.49",
    "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."
}