Schedule 16, paragraph 108(2)

In sub-paragraph (1) “consent” means consent of— each secured creditor of the company, and if the company has unsecured debts, creditors whose debts amount to more than 50% of the company’s unsecured debts, disregarding debts of any creditor who does not respond to an invitation to give or withhold consent.

← 1 · All articles · 3 →

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