THE FIRST GROUP OF PARTS
PART 4COMPANIES WINDING UP
CHAPTER 8MEETINGS OF CREDITORS AND CONTRIBUTORIES
SECTION A: RULES OF GENERAL APPLICATION
The chairman at meetings4.56-CVL.
(1)
This Rule applies both to a meeting of creditors (except a meeting under section 98) and to a meeting of contributories.
(2)
The liquidator, or a person nominated by him in writing to act, shall be chairman of the meeting.
A person nominated under this paragraph must be either—
(a)
one who is qualified to act as an insolvency practitioner in relation to the company, or
(b)
an employee of the liquidator or his firm who is experienced in insolvency matters.