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Rule 4.51-CVL First meeting of creditorsI1

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)

This Rule applies in the case of a meeting of creditors summoned by the liquidator under section 95 (where, in what starts as a members' voluntary winding up, he forms the opinion that the company will be unable to pay its debts) or a meeting under section 98 (first meeting of creditors in a creditors' voluntary winding up).

(2)

The notice summoning the meeting shall F1state the name of the company and the registered number of the company, and specify a venue for the meeting and the time (not earlier than 12.00 hours on the business day before the day fixed for the meeting) by which, and the place at which, creditors must lodge F2any proxies necessary to entitle them to vote at the meeting.

(3)

Where the company is F3an authorised deposit-taker or a former authorised deposit-taker, additional notices are required by Rule 4.72.

Annotations

Textual amendments

F1

Words in rule 4.51-CVL(2) inserted (1.4.2005) by The Insolvency (Amendment) Rules 2005 (S.I. 2005/527), rules 1(2), 22

F2

Words in rule 4.51-CVL(2) substituted (11.1.1988 with application in accordance with rule 3(1)(2)) by The Insolvency (Amendment) Rules 1987 (S.I. 1987/1919), rule 1, Sch. para. 51(1)

F3

Words in rule. 4.51(3) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 377(6)

Commencement

I1

Rule 4.51CVL in force at 29.12.1986, see rule 0.1