# The Insolvency Rules 1986, Rule 2.50: Constitution of committee


(1) Where it is resolved by a creditors' meeting to establish a creditors' committee for the purposes of the administration, the committee shall consist of at least 3 and not more than 5 creditors of the company elected at the meeting.
(2) Any creditor of the company is eligible to be a member of the committee, so long as his claim has not been rejected for the purpose of his entitlement to vote.
(3) A body corporate may be a member of the committee, but it cannot act as such otherwise than by a representative appointed under Rule 2.55 below.

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Source: https://www.legislation.gov.uk/uksi/1986/1925/rule/2.50 (the official version)
Page: https://openlegislation.uk/insolvency-rules-1986/rule-2.50
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.