Rule 1.24 Report of meetings

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

rules 11.01-11.13 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rule 6(10)-CP(3) substituted by Insolvency 2000 rule 5
rule 1.24(2)(c) word omitted by Insolvency 2002 rule 5(3)(a)
rule 1.24(2)(ca) inserted by Insolvency 2002 rule 5(3)(b)
rule 4.056-CVL(2) words inserted by Insolvency 2006 Sch. 1 para. 22
rule 4.228A-4.228E inserted by Insolvency 2008 rule 5
rules 2.028-2.110 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 2.114-2.115 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 2.119-2.130 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 4.027-4.029 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 4.031-4.034 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 4.197-4.204 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 7.05-7.07 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 7.09-7.14 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 7.19-7.22 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 7.24-7.30 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 7.34-7.42 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 7.50-7.54 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rules 12.01-12.22 applied with modifications by rule 58 by Bank Administration 2009 rule 61
rule 7. 13B(2) word omitted by Insolvency 2023 rule 37(1)

(1)

A report of the meetings shall be prepared by the person who was chairman of them.

(2)

The report shall—

(a)

state whether the proposal for a voluntary arrangement was approved or rejected and, if approved, with what (if any) modifications;

(b)

set out the resolutions which were taken at each meeting, and the decision on each one;

(c)

list the creditors and members of the company (with their respective values) who were present or represented at the meetings, and how they voted on each resolution; and

(d)

include such further information (if any) as the chairman thinks it appropriate to make known to the court.

(3)

A copy of the chairman's report shall, within 4 days of the meetings being held, be filed in court; and the court shall cause that copy to be endorsed with the date of filing.

(4)

In respect of each of the meetings, the persons to whom notice of its result is to be sent by the chairman under Article 17(6) are all those who were sent notice of the meeting under this Part.

(5)

The notice under Article 17(6) shall be sent immediately after a copy of the chairman's report is filed in court under paragraph (3).

(6)

If the voluntary arrangement has been approved by the meetings (whether or not in the form proposed), the supervisor shall forthwith send a copy of the chairman's report to the registrar.FORM 1.1

[E.R.1.24]