Version Superseded: 26/05/2015
Point in time view as at 17/03/2011.
Insolvency Act 1986, Paragraph 10 is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
10(1)Provision as to the functions, membership and proceedings of a committee established under [F1section 49, 68, 101, 141 or 142 of, or paragraph 57 of Schedule B1 to, this Act].E+W+S
(2)The following provision with respect to the establishment of a committee under section 101, 141 or 142 of this Act, that is to say—
(a)provision for resolving differences between a meeting of the company’s creditors and a meeting of its contributories or members;
(b)provision authorising the establishment of the committee without a meeting of contributories in a case where a company is being wound up on grounds including its inability to pay its debts; and
(c)provision modifying the requirements of this Act with respect to the establishment of the committee in a case where a winding-up order has been made immediately upon the discharge of an administration order.
Textual Amendments
F1Words in Sch. 8 para. 10 substituted (15.9.2003) by 2002 c. 40, ss. 248(3), 279, Sch. 17 para. 38(3) (with s. 249(1)-(3)(6)); S.I. 2003/2093, art. 2(1), Sch. 1 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))
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