C1 PART VIIIINDIVIDUAL VOLUNTARY ARRANGEMENTS

Annotations:

CHAPTER IIVOLUNTARY ARRANGEMENTS

Consideration and implementation of debtor's proposal

Report of decisions to High Court233

1

After the conclusion in accordance with the rules of the meeting summoned under Article 231, the chairman of the meeting shall report the result of it to the High 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 High Court may discharge any interim order which is in force in relation to the debtor.