Adjournment in absence of chairE+W
15.25.—(1) In [F1a decision procedure in respect of a moratorium under Part A1 of the Act,] an administration, administrative receivership, a creditors' voluntary winding up, a winding up by the court or a bankruptcy, if no one attends to act as chair within 30 minutes of the time fixed for a meeting to start, then the meeting is adjourned to the same time and place the following week or, if that is not a business day, to the business day immediately following.
(2) If no one attends to act as chair within 30 minutes of the time fixed for the meeting after a second adjournment under this rule, then the meeting comes to an end.
Textual Amendments
F1Words in rule 15.25(1) inserted (1.10.2021) by The Insolvency (England and Wales) (No.2) (Amendment) Rules 2021 (S.I. 2021/1028), rules 1, 72 (with rules 4, 5)
Modifications etc. (not altering text)
C1Rules 15.25-15.28 applied (with modifications) (19.3.2024) by The Water Industry (Special Administration) (England and Wales) Rules 2024 (S.I. 2024/229), rules 1, 5, 127-129, Sch. (with rule 2(2))