The Insolvency Rules 1986

Prospective

Procedure at meetingsE+W

2.42.—(1) At any meeting of the creditors' committee, each member of it (whether present himself, or by his representative) has one vote; and a resolution is passed when a majority of the members present or represented have voted in favour of it.

(2) Every resolution passed shall be recorded in writing, either separately or as part of the minutes of the meeting.

(3) A record of each resolution shall be signed by the chairman and placed in the company's minute book.

Commencement Information

I1Rule 2.42 in force at 29.12.1986, see rule 0.1