# The Insolvency (Scotland) Rules 1986, Rule 7.5: Chairman of meetings


(1) The chairman at any meeting of creditors in insolvency proceedings shall be the responsible insolvency practitioner, or a person nominated by him in writing.
(2) A person nominated under this Rule must be either -
(a) a person who is qualified to act as an insolvency practitioner in relation to the company, or
(b) an employee of the administrator, receiver or liquidator, as the case may be, or his firm who is experienced in insolvency matters.
(3) This Rule also applies to meetings of contributories in a liquidation.
(4) At the first meeting of creditors or contributories in a winding up by the court, the interim liquidator shall be the chairman except that, where a resolution is proposed to appoint the interim liquidator to be the liquidator, another person may be elected to act as chairman for the purpose of choosing the liquidator.
(5) This Rule is subject to Rule 4.23(3) (meeting for removal of liquidator).

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Source: https://www.legislation.gov.uk/uksi/1986/1915/rule/7.5 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-rules-1986/rule-7.5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

