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Rule 3.15 Resolutions and minutesI1

England and Wales

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

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

At the creditors' meeting, a resolution is passed when a majority (in value) of those present and voting in person or by proxy have voted in favour of it.

(2)

The chairman of the meeting shall cause a record to be made of the proceedings, and kept as part of the records of the receivership.

(3)

The record shall include a list of the creditors who attended (personally or by proxy) and, if a creditors' committee has been established, the names and addresses of those elected to be members of the committee.

Annotations

Commencement

I1

Rule 3.15 in force at 29.12.1986, see rule 0.1