Paragraph 6 New Rule 1.14A

After Rule 1.14 insert—

“The Chairman at meetings

1.14A

(1)

Subject as follows, at both the creditors' meeting and the company meeting, and at any combined meeting, the convenor shall be chairman.

(2)

If for any reason he 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 company;

(b)

an authorised person in relation to the company; or

(c)

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