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Rule 2.60 Procedure at meetingsF1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  • rule 2.60(2) substituted for rule 2.60(2)(3) by Insolvency 2010 Sch. 1 para. 72(2)
  • rule 4.54(5-CVL) substituted for rule 4.54(5) by Insolvency 2010 Sch. 1 para. 179(5)
(1)

At any meeting of the creditors' committee, each member of it (whether present himself, or by his representative) has one vote; and a resolution is passed when a majority of the members present or represented have voted in favour of it.

(2)

Every resolution passed shall be recorded in writing, either separately or as part of the minutes of the meeting.

(3)

A record of each resolution shall be signed by the chairman and placed in the company’s minute book.

Annotations

Textual amendments

F1

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))