The Insolvency (Amendment) Rules 2010

Amendments to Rule 4.65

186.—(1) Rule 4.65 (suspension and adjournment) is amended as follows.

(2) In paragraph (5), for “21” substitute “14”.

(3) For paragraph (6) substitute—

“(6A) If within 30 minutes from the time appointed for commencement of a meeting there is no person present to act as chairman, the meeting stands adjourned to the same time and place in the following week or, if that is not a business day, to the business day immediately following.

(6B) Paragraph (6A) applies to further adjournments of a final meeting.

(6C) In the case of any other meeting, further adjournment must be to the same time and place in the following week or, if either—

(a) that is not a business day, or

(b) whether or not it is a business day, it is later than 14 days after the date on which the meeting in question was originally held,

to the same time and place on the business day immediately preceding which is not later than 14 days after the date on which the meeting in question was originally held.”.