The Insolvency (Amendment) Rules 2010

Amendments to Rule 2.45

This section has no associated Explanatory Memorandum

59.—(1) Rule 2.45 (revision of the administrator’s proposals) is amended as follows.

(2) In paragraph (2)(g), for the words from “a statement that” to “are approved” substitute—

(i)details of the proposed liquidator,

(ii)where applicable, the declaration required by section 231, and

(iii)a statement that the creditors may, before the proposals are approved, nominate a different person as liquidator in accordance with paragraph 83(7)(a) and Rule 2.117A(2)(b);.

(3) In paragraph (3), after “5” insert “business”.

(4) In paragraph (4), for the second sentence substitute—

(5) The notice must be published as soon as reasonably practicable after the administrator sends the statement to the creditors and in addition to the standard contents must state—

(a)that members can write for a copy of the statement of revised proposals for the administration; and

(b)the address to which to write..