OpenLegislation

Rule 93 Voting at meetings of creditors and clientsI1

England and Wales

(1)

This rule applies to meetings of creditors and clients.

(2)

If the administrator thinks it appropriate, the creditors and clients may vote on the same resolution at the meeting, however the creditors and the clients shall vote separately on the resolution.

(3)

In a special administration (bank insolvency) the FSCS shall be entitled to vote as a creditor under this rule and rule 86 has effect with respect to its voting rights.

Annotations

Commencement

I1

Rule 93 in force at 30.6.2011, see rule 2