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The Insolvency (Amendment) Rules 1987
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- UK Statutory Instruments
- 1987 No. 1919
- SCHEDULE
- PART 1
- SECTION 2: AMENDMENT OF PART I OF THE RULES
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SECTION 2: AMENDMENT OF PART I OF THE RULES
Amendment of Rule 1.10
3. In subparagraph (a) of paragraph (1) of Rule 1.10 after the word “them” there shall be inserted the words “, with the addition, where the company is subject to an administration order, of the names and addresses of the company’s preferential creditors (defined in section 4(7)), with the amounts of their respective claims”.
Amendment of Rule 1.12
4. In paragraph (3) of Rule 1.12 after the words “Rule 1.3” there shall be inserted the words “(and, where relevant, Rule 1.10)”.
Amendment of Rule 1.20
5. In paragraph (1) of Rule 1.20 after the words “one-half” there shall be inserted the words “in value” and there shall be added the following subparagraph:—
“The value of members is determined by reference to the number of votes conferred on each member by the company’s articles.”.
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