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The Insolvency (Amendment) Rules 1987
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Amendment of Rule 4.63
54.—(1) In paragraph (1) of Rule 4.63 there shall be inserted at the beginning the words “Subject as follows,”.
(2) In subparagraph (a) of paragraph (2) of Rule 4.63 there shall be inserted at the beginning the words “subject to paragraph (2A),”.
(3) After paragraph (2) of Rule 4.63 there shall be inserted the following paragraph:—
“(2A) In a winding up by the court the support referred to in paragraph (2)(a) must represent a majority in value of all those present (in person or by proxy) at the meeting and entitled to vote. (NO CVL APPLICATION)”.
(4) In the second subparagraph of paragraph (4) of Rule 4.63:—
(a)there shall be inserted after the word “person” the words “(whether personally or on his behalf by a proxy-holder)”; and
(b)there shall be substituted for the word “proxy” the word “proxy-holder”.
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