The Insolvency (Scotland) (Company Voluntary Arrangements and Administration) Rules 2018

Member State liquidator: rules on creditors’ participation in proceedings

This section has no associated Explanatory Memorandum

7.5.—(1) The provisions in these Rules apply to a member State liquidator’s participation in proceedings in accordance with Article 45 of the EU Regulation) in the same manner as they apply to creditors’ participation in those proceedings.

(2) In this rule, “creditors’ participation”—

(a)includes the following matters—

(i)requesting and being provided with information, including inspecting or obtaining copies of documents or files,

(ii)being provided with notices or other documents,

(iii)participating and voting in decision procedures,

(iv)the establishment and operation of creditor committees,

(v)submitting statements of claim and documentary evidence of debt in respect of debts and receipt of dividends,

(vi)applying to the court and appearing at hearings and

(b)is limited to creditors’ participation from the time of the opening of proceedings in accordance with Article 2(8) of the EU Regulation.