Article 4.19 Invitation to creditors to form a liquidation committee
Where any decision is sought from the company's creditors—
in a creditors' voluntary winding up; or
where a members' voluntary winding up is converting to a creditors' voluntary winding up,
the convener of the decision must at the same time deliver to the creditors a notice inviting them to decide whether a liquidation committee should be established if sufficient creditors are willing to be members of the committee.
The notice must also invite nominations for membership of the committee, such nominations to be received by a date specified in the notice.
The notice must—
state that nominations must be delivered to the convener by the specified date; and
state that nominations can only be accepted if the convener is satisfied as to the creditors' eligibility under rule 10.4 (eligibility for membership of creditors' or liquidation committee).