# The Insolvency Rules (Northern Ireland) 1991, Rule 4.183: Continuation of creditors' committee


(1) If under Article 38 a creditors' committee has been established for the purposes of the administration, then (subject to paragraph (2) and Rules 4.184 to 4.187) that committee continues in being as the liquidation committee for the purposes of the winding up, and—
(a) it is deemed to be a committee established as such under Article 120, and
(b) no action shall be taken under paragraphs (1) to (3) of that Article to establish any other.
(2) This Rule does not apply if, at the time when the court's order under Article 119(1) is made, the committee under Article 38 consists of less than three members; and a creditor who was, immediately before that date, a member of it, ceases to be a member on the making of the order if his debt is fully secured.
[E.R.4.174]

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Source: https://www.legislation.gov.uk/nisr/1991/364/rule/4.183 (the official version)
Page: https://openlegislation.uk/insolvency-rules-northern-ireland-1991/rule-4.183
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.