The Insolvency (Amendment) Rules 1987

Insertion of Rule 3.30A

30.  After Rule 3.30 there shall be inserted the following rule:—

Formal defects

3.30A.  The acts of the creditors' committee established for any administrative receivership are valid notwithstanding any defect in the appointment, election or qualifications of any member of the committee or any committee-member’s representative or in the formalities of its establishment..