PART 3Process of Special Administration

CHAPTER 4Meetings generally

Adjournment by chair47

1

The chair may, and must if the meeting so resolves, adjourn the meeting to such time and place as seems to the chair to be appropriate in the circumstances.

2

An adjournment under this rule must not be for a period of more than fourteen days, subject to any direction by the court.

3

If there are further adjournments, the final adjournment must not be to a day later than fourteen days after the date on which the meeting was originally held.

4

Rule 36 applies with regard to the venue fixed for a meeting adjourned under this rule.

5

This rule does not apply to the initial meeting of creditors and customers.