OpenLegislation

Article 22 Chair of meeting as proxy holderI1

Scotland

Where the chair at a meeting of creditors holds a proxy which requires the chair to vote for a particular resolution and no other person proposes that resolution—

(a)

the chair shall propose the resolution unless there is good reason for not doing so, and

(b)

if the chair does not propose it, the chair shall forthwith after the meeting notify the person who granted the proxy of the reason why not.

Annotations

Commencement

I1

Rule 22 in force at 1.10.2016, see rule 1