The Insolvency Rules 1986

Prospective

The chairman at meetingsE+W

4.55.  (NO CVL APPLICATION)

(1) This Rule applies both to a meeting of creditors and to a meeting of contributories.

(2) Where the convener of the meeting is the official receiver, he, or a person nominated by him, shall be chairman.

A nomination under this paragraph shall be in writing, unless the nominee is another official receiver or a deputy official receiver.

(3) Where the convener is other than the official receiver, the chairman shall be he, or a person nominated in writing by him.

A person nominated under this paragraph must be either—

(a)one who is qualified to act as an insolvency practitioner in relation to the company, or

(b)an employee of the liquidator or his firm who is experienced in insolvency matters.