PART 3Process of Special Administration
CHAPTER 6Correspondence and remote attendance
Remote attendance at meetings conducted in accordance with section 246A63
1
This rule applies to a request for the administrator under section 246A(9) of the IA 198614 to specify a place for the meeting.
2
The request must be accompanied by—
a
in the case of a request by creditors, a list of the creditors making or concurring with the request and the amounts of their respective debts in the special administration,
b
in the case of a request by customers, a list of the customers making or concurring with the request and the amounts of their respective relevant funds claims in the special administration,
c
in the case of a request by contributories, a list of the contributories making or concurring with the request and their respective values (being the amounts for which they may vote at the meeting),
d
in the case of a request by members, a list of the members making or concurring with the request and their voting rights, and
e
from each person concurring, written confirmation of that person’s concurrence.
3
The request must be made within seven business days of the date on which the administrator sent the notice of the meeting in question.
4
Where the administrator considers that the request has been properly made in accordance with the Regulations and this rule, the administrator must—
a
give notice to all those previously given notice of the meeting—
i
that it is to be held at a specified place, and
ii
as to whether the date and time are to remain the same or not,
b
set a venue (including specification of a place) for the meeting, the date of which must be not later than twenty-eight days after the original date for the meeting, and
c
give at least fourteen days’ notice of that venue to all those previously given notice of the meeting,
and the notices required by sub-paragraphs (a) and (c) may be given at the same or different times.
5
Where the administrator has specified a place for the meeting in response to a request to which this rule applies, the chair of the meeting must attend the meeting by being present in person at that place.
6
Rule 44 does not apply to the summoning and holding of a meeting at a place specified in accordance with section 246A(9).