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Rule 4.56-CVL The chairman at meetingsI1

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 both to a meeting of creditors (except a meeting under F1section 95 or 98) and to a meeting of contributories.

(2)

The liquidator, or a person nominated by him in writing to act, shall be chairman of the meeting.

A person nominated under this paragraph must be either—

(a)

one who is qualified to act as an insolvency practitioner in relation to the company, or

(b)

an employee of the liquidator or his firm who is experienced in insolvency matters.

Annotations

Textual amendments

F1

Words in rule 4.56-CVL(1) 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. 53

Commencement

I1

Rule 4.56CVL in force at 29.12.1986, see rule 0.1