Section 257(2)
IA 1986
Insolvency Act 1986 · United Kingdom
The nominee (or the nominee's replacement under section 256(3) or 256A(4)) must seek a decision from the debtor's creditors as to whether they approve the proposed voluntary arrangement (unless, in the case of a report to which section 256 applies, the court otherwise directs).
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Source: legislation.gov.uk · retrieved 2026-09-04