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18. Resolutions by correspondence

(1) The Office-holder may seek to obtain the agreement of the members of the creditors' committee to a resolution by delivering to every member (or the member's representative designated for the purpose) a copy of the proposed resolution in accordance with this paragraph 18.
(2) The Office-holder must deliver to each member of the creditors' committee or the member's representative (as the case may be) a copy of the proposed resolution.
(3) The resolution must be set out in such a way that the recipient may indicate agreement or dissent on the copy and, where there is more than one resolution, may indicate agreement or dissent from each one separately.
(4) A member of the creditors' committee may, within seven business days from the delivery of a resolution, require the Office-holder to summon a meeting of the creditors' committee to consider the matters raised by the resolution.
(5) In the absence of such a request, the resolution is passed by the creditors' committee if a majority of the members deliver notice to the Office-holder that they agree with the resolution.
(6) A copy of every resolution passed under this paragraph 18, and a note that the agreement of the creditors' committee was obtained, must be kept with the records of the Insolvency Proceedings.