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Rule 5.19 The chairman at the meetingF1

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)

Subject as follows, the nominee shall be chairman of the creditors' meeting.

(2)

If for any reason the nominee is unable to attend, he may nominate another person to act as chairman in his place; but a person so nominated must be—

(a)

a person qualified to act as an insolvency practitioner in relation to the debtor;

(b)

an authorised person in relation to the debtor; or

(c)

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

Annotations

Textual amendments

F1

Pt. 5 substituted (1.1.2003) by The Insolvency (Amendment) (No. 2) Rules 2002 (S.I. 2002/2712), rule 1(1), Sch. para. 24 (with rule 3(2))