Version Superseded: 06/04/2010
Point in time view as at 06/04/2003. This version of this provision has been superseded.
Insolvency Act 1986, Section 259 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.
(1)After the conclusion in accordance with the rules of the meeting summoned under section 257, the chairman of the meeting shall report the result of it to the court and, immediately after so reporting, shall give notice of the result of the meeting to such persons as may be prescribed.
(2)If the report is that the meeting has declined (with or without modifications) to approve the debtor’s proposal, the court may discharge any interim order which is in force in relation to the debtor.
Modifications etc. (not altering text)
C1Ss. 256–263 applied with modifications by S.I. 1986/1999, art. 3, Sch. I Pt. III
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