Rule 1.17 Report of meetings

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

rule 1.12-1.16E applied 2016 asp 21 s. 14B (as inserted) by Insolvency (Regulation (EU) 2015/848) 2017 reg. 4(8)
Rules applied (with modifications) by Building Society Special Administration 2009 rule 38-41
Rules applied (with modifications) by Limited Liability Partnerships 2001 reg. 6(1)
Rules specified provisions applied (with modifications) by Collective Investment in Transferable Securities (Contractual Scheme) 2013 Sch. 4
rule 1.17(3) word inserted by Insolvency 2010 Sch. 1 para. 28
rule 1.17(4) words substituted by Insolvency 2010 Sch. 1 para. 29
rule 1.17(2)(ca)(i) words substituted by Insolvency Amendment (EU 2015/848) 2017 Sch. para. 66(a)
rule 1.17(2)(ca)(ii) words inserted by Insolvency Amendment (EU 2015/848) 2017 Sch. para. 66(b)

(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 meeting, 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 lodged in court.

(4)

In respect of each of the meetings the persons to whom notice of the result of the meetings is to be sent under section 4(6) are all those who were sent notice of the meeting. The notice shall be sent immediately after a copy of the chairman's report is lodged in court under paragraph (3).

(5)

If the voluntary arrangement has been approved by the meetings (whether or not in the form proposed) the chairman shall forthwith send a copy of the report to the registrar of companies.Form 1.1 (Scot)