SCHEDULES
SCHEDULE 6 MEETINGS OF CREDITORS AND COMMISSIONERS
Part I Meetings of creditors other than the statutory meeting
Calling of meeting
1
The F1. . . trustee shall call a meeting of creditors if required to do so by—
a
order of the F2sheriff ;
b
one-tenth in number or one-third in value of the creditors;
c
a commissioner; or
d
the Accountant in Bankruptcy.
2
3
The F5. . . trustee or a commissioner who has given written notice to him may at any time call a meeting of creditors.
4
The F6. . . trustee or a commissioner calling a meeting under paragraph 1 or 3 above shall, not less than 7 days before the date fixed for the meeting, notify—
a
every creditor known to him; and
b
the Accountant in Bankruptcy,
of the date, time and place fixed for the holding of the meeting and its purpose.
5
1
Where a requirement has been made under paragraph 1 above but no meeting has been called by the F7. . . trustee, the Accountant in Bankruptcy may, of his own accord or on the application of any creditor, call a meeting of creditors.
2
The Accountant in Bankruptcy calling a meeting under this paragraph shall, not less than 7 days before the date fixed for the meeting, take reasonable steps to notify the creditors of the date, time and place fixed for the holding of the meeting and its purpose.
6
It shall not be necessary to notify under paragraph 4 or 5 of this Schedule any creditor whose accepted claim is less than £50 or such sum as may be prescribed, unless the creditor has requested in writing such notification.
Role of F9. . . trustee at meeting
7
1
At the commencement of a meeting, the chairman shall be the F8. . . trustee who as chairman shall, after carrying out his duty under section 49(1) of this Act, invite the creditors to elect one of their number as chairman in his place and shall preside over the election.
2
If a chairman is not elected in pursuance of this paragraph, the F8. . . trustee shall remain the chairman throughout the meeting.
3
The F8. . . trustee shall arrange for a record to be made of the proceedings at the meeting and he shall insert the minutes of the meeting in the sederunt book.
Appeals
8
The F10. . . trustee, a creditor or any other person having an interest may, within 14 days after the date of a meeting called under paragraph 1 or 3 above, appeal to the sheriff against a resolution of the creditors at the meeting.
Part II All Meetings of Creditors
Validity of proceedings
9
No proceedings at a meeting shall be invalidated by reason only that any notice or other document relating to the calling of the meeting which is required to be sent or given under any provision of this Act has not been received by, or come to the attention of, any creditor before the meeting.
Locus of meeting
10
Every meeting shall be held in such place (whether or not in the sheriffdom) as is, in the opinion of the person calling the meeting, the most convenient for the majority of the creditors.
Mandatories
11
1
A creditor may authorise in writing any person to represent him at a meeting.
2
3
Any reference in paragraph 7(1) of this Schedule and the following provisions of this Part of this Schedule to a creditor shall include a reference to a person authorised by him under this paragraph.
Quorum
12
The quorum at any meeting shall be one creditor.
Voting at meeting
13
Any question at a meeting shall be determined by a majority in value of the creditors who vote on that question.
Objections by creditors
14
1
The chairman at any meeting may allow or disallow any objection by a creditor, other than (if the chairman is not the F13. . . trustee) an objection relating to a creditor’s claim.
2
Any person aggrieved by the determination of the chairman in respect of an objection may appeal therefrom to the sheriff.
3
If the chairman is in doubt whether to allow or disallow an objection, the meeting shall proceed as if no objection had been made, except that for the purposes of appeal the objection shall be deemed to have been disallowed.
Adjournment of meeting
15
1
If no creditor has appeared at a meeting at the expiry of a period of half an hour after the time appointed for the commencement of the meeting, the chairman F14may adjourn the meeting to such other day as the chairman F14may appoint, being not less than 7 nor more than 21 days after the day on which the meeting was adjourned.
2
The chairman may, with the consent of a majority in value of the creditors who vote on the matter, adjourn a meeting.
3
Any adjourned meeting shall be held at the same time and place as the original meeting, unless in the resolution for the adjournment of the meeting another time or place is specified.
Minutes of meeting
16
The minutes of every meeting shall be signed by the chairman and within 14 days of the meeting a copy of the minutes shall be sent to the Accountant in Bankruptcy.
Part III Meetings of Commissioners
17
The F15. . . trustee may call a meeting of commissioners at any time, and shall call a meeting of commissioners—
a
on being required to do so by order of the F16sheriff ; or
b
on being requested to do so by the Accountant in Bankruptcy or any commissioner.
18
If the F17. . . trustee fails to call a meeting of commissioners within 14 days of being required or requested to do so under paragraph 17 of this Schedule, a commissioner may call a meeting of commissioners.
19
The F18. . . trustee shall give the commissioners at least 7 days notice of a meeting called by him, unless the commissioners decide that they do not require such notice.
20
The F19. . . trustee shall act as clerk at meetings and shall insert a record of the deliberations of the commissioners in the sederunt book.
21
If the commissioners are considering the performance of the functions of the F20. . . trustee under any provision of this Act, he shall withdraw from the meeting if requested to do so by the commissioners; and in such a case a commissioner shall act as clerk, shall transmit a record of the deliberations of the commissioners to the F21. . . trustee for insertion in the sederunt book and shall authenticate the insertion when made.
22
The quorum at a meeting of commissioners shall be one commissioner and the commissioners may act by a majority of the commissioners present at the meeting.
23
Any matter may be agreed by the commissioners without a meeting if such agreement is unanimous and is subsequently recorded in a minute signed by the commissioners; and that minute shall be inserted by the F22. . . trustee in the sederunt book.
Words in cross-heading preceding Sch. 6 para. 7 repealed (1.4.2008) by Bankruptcy and Diligence etc. (Scotland) Act 2007 (asp 3), ss. 226, 227(3), Sch. 6 Pt.1 (with s. 223); S.S.I. 2008/115, art. 3(2)(3), Sch. 2 (with arts. 4-6, 10 (as amended (with effect from 31.1.2011) by S.S.I. 2011/31, art. 5))