Schedule B1, paragraph 56(1)

The administrator of a company shall seek a decision from the company's creditors on a matter if— it is requested in the prescribed manner by creditors of the company whose debts amount to at least 10% of the total debts of the company, or he is directed by the court to do so.

← 56 · All articles · 2 →

Source: legislation.gov.uk · retrieved 2026-09-04