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Chair’s script and practical guide to convening and conducting standard creditors’ meetings in corporate insolvency under the Insolvency Act 1986 and Insolvency (England and Wales) Rules 2016
PRECEDENTS
Chair’s script and practical guide to convening and conducting standard creditors’ meetings in corporate insolvency under the Insolvency Act 1986 and Insolvency (England and Wales) Rules 2016
Introduction The current time is [ insert the exact time ] and I commence the creditors' meeting of [ insert name of the company or LLP (Company) ], convened as a general meeting of creditors pursuant to the Insolvency Act 1986 (IA 1986) and the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024, as amended. My name is [ insert name ], of [ insert firm or company name ], acting as [ insert details of role of the chair, eg adviser/[joint] administrator/[provisional] liquidator etc ]. The meeting being held today is quorate, as the required minimum number of creditors is in attendance...
Restructuring & Insolvency
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