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SCHEDULES

SCHEDULE 9U.K.Abolition of requirements to hold meetings; opted-out creditors

PART 1 U.K.Company insolvency

Winding-upU.K.

47(1)Section 195 (meetings to ascertain wishes of creditors or contributories) is amended as follows.U.K.

(2)In subsection (1)(b), for the words from “meetings” to the end substitute “ qualifying decision procedures to be instigated or the deemed consent procedure to be used in accordance with any directions given by the court, and appoint a person to report the result to the court ”.

(3)In the heading, for “Meetings” substitute “ Court's powers ”.

Commencement Information

I1Sch. 9 para. 47 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)

I2Sch. 9 para. 47 in force at 6.4.2017 for E.W. in so far as not already in force by S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3)

I3Sch. 9 para. 47 in force at 6.4.2019 for S. in so far as not already in force by S.I. 2019/816, reg. 4(c) (with reg. 5)