# The Smart Meter Communication Licensee Administration (England and Wales) Rules 2020, Article 30: Creditors’ meeting for nomination of alternative liquidator


(1) Where under Rules 21(7) or 25(3)(e) the SMCL administrator has proposed that the SMCL enter creditors’ voluntary liquidation once the SMCL administration has ended, the SMCL administrator must, in the circumstances detailed in paragraph (2), call a meeting of creditors for the purpose of nominating a person other than the person named as proposed liquidator in the SMCL administrator’s statement of proposals or revised proposals (“the relevant statement of proposals”).
(2) The SMCL administrator must call a meeting of creditors where such a meeting is requested by creditors of the SMCL whose debts amount to at least 10% of the total debts of the SMCL.
(3) The request for a creditors’ meeting for the purpose set out in paragraph (1) must be made by notice delivered to the SMCL administrator within eight business days of the date on which the relevant statement of proposals was sent to the creditor making the request.
(4) The notice must—
(a) be headed “Creditor’s request for a meeting”; and
(b) include immediately below the heading—
(i) the full name, registered address, registered number and any other trading names of the SMCL; and
(ii) details of the court where the proceedings are and the relevant court reference number.
(5) The notice must include—
(a) the name and address of the creditor making the request, and the amount of the requesting creditor’s debt in the SMCL administration;
(b) a list of creditors concurring with the request, showing the amounts of their respective debts in the SMCL administration; and
(c) from each creditor concurring, written confirmation of the creditor’s concurrence,
but sub-paragraphs (b) and (c) do not apply if the requesting creditor’s debt is alone sufficient without the concurrence of other creditors.
(6) A meeting requested under this Rule must be held within 28 days of the SMCL administrator’s receipt of the notice requesting the meeting.

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Source: https://www.legislation.gov.uk/uksi/2020/629/article/30 (the official version)
Page: https://openlegislation.uk/smart-meter-communication-licensee-administration-england-and-wales-rules-2020/article-30
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.