PARTS 5 AND 6 INSOLVENCY OF INDIVIDUALS; BANKRUPTCY

PART 6 BANKRUPTCY

CHAPTER 7 CREDITORS' MEETINGS

First meeting of creditors
6.077. (1) If under Article 266(1) the official receiver decides to summon a meeting of creditors, he shall fix a venue for the meeting, not more than 4 months from the date of the bankruptcy order.
(2) When a venue has been fixed, notice of the meeting shall be given—
(a) to the court, and
(b) to every creditor of the bankrupt who is known to the official receiver or is identified in the bankrupt's statement of affairs.
(3) Notice to the court shall be given forthwith; and the notice to creditors shall be given at least 21 days before the date fixed for the meeting.
(4) The notice to creditors shall specify a time and date, not more than 4 days before the date fixed for the meeting, by which they must lodge proofs and (if applicable) proxies, in order to be entitled to vote at the meeting.
(5) Notice of the meeting shall also be given by public advertisement.
(6) Where the official receiver receives a request by a creditor under Article 267 for a meeting of creditors to be summoned, and it appears to him that the request is properly made in accordance with the Order, he shall—
(a) withdraw any notice already given by him under Article 266(2) (that he has decided not to summon such a meeting), and
(b) fix the venue of the meeting for not more than 3 months from his receipt of the creditor's request, and
(c) act in accordance with paragraphs (2) to (5), as if he had decided under Article 266(1) to summon the meeting.
FORM 6.37
(7) A meeting summoned by the official receiver under Article 266 or 267 is known as “the first meeting of creditors”.
[E.R.6.79]