The Insolvency (England and Wales) Rules 2016

Decisions on remuneration and conduct

This section has no associated Explanatory Memorandum

15.16.—(1) This rule applies in relation to a decision or resolution which is proposed in an administration, a creditors’ voluntary winding up, a winding up by the court or a bankruptcy and which affects a person in relation to that person’s remuneration or conduct as administrator, liquidator or trustee (actual, proposed or former).

(2) The following may not vote on such a decision or resolution whether as a creditor, contributory, proxy-holder or corporate representative, except so far as permitted by rule 16.7 (proxy-holder with financial interest)—

(a)that person;

(b)the partners and employees of that person; and

(c)the officers and employees of the company of which that person is a director, officer or employee.