• PART 1 PART 1 MEETINGS AND TIME LIMITS

    • 1. Conduct of meetings

      Where these Regulations require or permit a meeting of creditors, members or contributories to be held (or an alternative process to be followed), the provisions of Schedule 6 (Meetings and Correspondence) shall govern the conduct of such meeting or alternative process.

    • 2. Attendance at meetings and proxies

      (1) The following provisions also apply for the interpretation of these Regulations.
      (2) A person attends a meeting if he —
      (a) is physically present, or attends remotely in accordance with paragraph 18 (Remote attendance at meetings) of Part 6 (Constitution of Meetings) of Schedule 6 (Meetings and Correspondence) or paragraph 19 (Remote attendance at meetings of creditors' committees) of Part 4 (Meetings of Committee) of Schedule 7 (Creditors' Committees); or
      (b) attends by proxy or by corporate representative.
      (3) A "proxy" is a document which complies with the following requirements —
      (a) it is a document which is given by a creditor, member or contributory to another person ("the proxy-holder") authorising the proxy-holder to attend, and to speak and vote at, a meeting as the representative of the creditor, member or contributory; and
      (b) either that document —
      (i) directs the proxy-holder to vote or abstain, or to propose resolutions, as directed; or
      (ii) authorises the proxy-holder to do so in accordance with the proxy-holder's discretion.
      (4) A "blank proxy" is a document which complies with paragraph 37 (Blank proxies) of Part 11 (Proxies and corporate representation) of Schedule 6 (Meetings and Correspondence).

    • 3. Time limits

      (1) The Civil Procedure Rules which provide for the calculation of periods of time expressed in days apply to the calculation of periods expressed in days in these Regulations.
      (2) The beginning and the end of a period expressed in months in these Regulations are to be determined as follows —
      (a) if the beginning of the period is specified —
      (i) the month in which the period ends is the specified number of months after the month in which it begins; and
      (ii) the date in the month on which the period ends is —
      (aa) the date corresponding to the date in the month on which it begins; or
      (bb) if there is no such date in the month in which it ends, the last day of that month;
      (b) if the end of the period is specified —
      (i) the month in which the period begins is the specified number of months before the month in which it ends; and
      (ii) the date in the month on which the period begins is —
      (aa) the date corresponding to the date in the month on which it ends; or
      (bb) if there is no such date in the month in which it begins, the last day of that month.
      (3) The provisions of the Civil Procedure Rules which provide for the Court's general powers of management apply so as to enable the Court to extend or shorten the time for compliance with anything required or authorised to be done by these Regulations.