Rule 23 The chair at meetingsI1
England and Wales
At any meeting of creditors summoned by the postal administrator, either the postal administrator shall be chair, or a person nominated by the postal administrator in writing to act in their place.
A person so nominated must be either—
one who is qualified to act as an insolvency practitioner in relation to the company; or
an employee of the postal administrator or the postal administrator’s firm who is experienced in insolvency matters.
Where the chair holds a proxy which includes a requirement to vote for a particular resolution and no other person proposes that resolution—
the chair must propose it unless the chair considers that there is good reason for not doing so, and
if the chair does not propose it, the chair must as soon as reasonably practicable after the meeting notify the principal of the reason why not.