The Insolvency Rules 1986

Prospective

Control by liquidation committeeE+W

4.203.—(1) Where the liquidator proposes to make a call, and there is a liquidation committee, he may summon a meeting of the committee for the purpose of obtaining its sanction.

(2) At least 7 days' notice of the meeting shall be given by the liquidator to each member of the committee.

(3) The notice shall contain a statement of the proposed amount of the call, and the purpose for which it is intended to be made.

Commencement Information

I1Rule 4.203 in force at 29.12.1986, see rule 0.1