# The Insolvency (Scotland) Rules 1986, Rule 7.11: Chairman of meeting as proxy holder


(1) Where the chairman at a meeting of creditors or contributories holds a proxy which requires him to vote for a particular resolution and no other person proposes that resolution -
(a) he shall propose it himself, unless he considers that there is good reason for not doing so, and
(b) if he does not propose it, he shall forthwith after the meeting notify the person who granted him the proxy of the reason why he did not do so.
(2) At any meeting in a voluntary arrangement, the chairman shall not, by virtue of any proxy held by him, vote to increase or reduce the amount of the remuneration or expenses of the nominee or the supervisor of the proposed arrangement, unless the proxy specifically directs him to vote in that way.

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Source: https://www.legislation.gov.uk/uksi/1986/1915/rule/7.11 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-rules-1986/rule-7.11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.