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Rule 4.126-CVL Final meetingI1

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)

[FORM 4.22] The liquidator shall give at least 28 days' notice of the final meeting of creditors to be held under section 106. The notice shall be sent to all creditors who have proved their debts.

(2)

At the final meeting, the creditors may question the liquidator with respect to any matter contained in the account required under the section F1or paragraph (4) of this Rule, and may resolve against the liquidator having his release.

(3)

Where the creditors have so resolved, he must obtain his release from the Secretary of State; and Rule 4.122-CVL applies accordingly.

F2(4)

The account of the winding up required under section 106 shall also include a statement as to the amount paid to unsecured creditors by virtue of the application of section 176A (prescribed part).

Annotations

Textual amendments

F1

Words in rule 4.126(2) inserted (15.9.2003) by The Insolvency (Amendment) Rules 2003 (S.I. 2003/1730), rule 1(2), Sch. 1 para. 24(a)

F2

Rule 4.126(4) inserted (15.9.2003) by The Insolvency (Amendment) Rules 2003 (S.I. 2003/1730), rule 1(2), Sch. 1 para. 24(b)

Commencement

I1

Rule 4.126CVL in force at 29.12.1986, see rule 0.1