Article 7.7 Company representation

Where a person is authorised under section 375 of the Companies Act to represent a corporation at a meeting of creditors called in railway administration proceedings, he shall produce to the chairman of the meeting a copy of the resolution from which he derives his authority.

The copy resolution must be under the seal of the corporation, or certified by the secretary or a director of the corporation to be a true copy.

Nothing in this Rule requires the authority of a person to sign a proxy on behalf of a principal which is a corporation to be in the form of a resolution of that corporation.