The Railway Administration Order Rules 2001

Creditors' meetings generally

4.1—(1) This Rule applies to creditors' meetings summoned by the special railway administrator under section 14(2)(b) of the 1986 Act or pursuant to a direction of the court under section 17(3)(b) of that Act.

(2) In fixing the venue for the meeting, the special railway administrator shall have regard to the convenience of creditors.

(3) The meeting shall be summoned for commencement between 10.00 and 16.00 hours on a business day, unless the court otherwise directs.

(4) At least 21 days' notice of the meeting shall be given to all creditors who are known to the special railway administrator and who had claims against the protected railway company at the date of the railway administration order. The notice shall specify the purpose of the meeting and contain a statement of the effect of Rule 4.3 (entitlement to vote).

[Form 11]

(5) With the notice summoning the meeting there shall be sent forms of proxy.

[Form 23]

(6) If within 30 minutes from the time fixed for the commencement of the meeting there is no person present to act as chairman, the meeting shall stand adjourned to the same time and place in the following week or, if that day is not a business day, to the business day immediately following.

(7) The meeting may from time to time be adjourned, if the chairman thinks fit, but not for more than 14 days from the date on which it was fixed to commence.