51(1)Each copy of an administrator’s statement of proposals sent to a creditor under paragraph 49(4)(b) must be accompanied by an invitation to a creditors’ meeting (an “initial creditors’ meeting”).
(2)The date set for an initial creditors’ meeting must be—
(a)as soon as is reasonably practicable after the company enters administration, and
(b)in any event, within the period of ten weeks beginning with the date on which the company enters administration.
(3)An administrator shall present a copy of his statement of proposals to an initial creditors’ meeting.
(4)A period specified in this paragraph may be varied in accordance with paragraph 107.
(5)An administrator commits an offence if he fails without reasonable excuse to comply with a requirement of this paragraph.]