PART ICOMPANY VOLUNTARY ARRANGEMENTS

CHAPTER 3PROPOSAL BY ADMINISTRATOR OR LIQUIDATOR WHERE HE IS THE NOMINEE

Summoning of meetings under section 31.11

1

The responsible insolvency practitioner shall give at least 14 days' notice of the meetings of the company and of its creditors under section 3(2).

2

With each notice summoning the meeting, there shall be sent -

a

a copy of the responsible insolvency practitioner's proposal; and

b

a copy of the company's statement of affairs or, if he thinks fit, a summary of it (the summary to include a list of the creditors and the amount of their debts).