Schedule 16, paragraph 58

Anything which is required or permitted by or under this Schedule to be done at a creditors’ meeting may be done by correspondence between the administrator and creditors— in accordance with the rules, and subject to any prescribed condition. A reference in this Schedule to anything done at a creditors’ meeting includes a reference to anything done in the course of correspondence in reliance on sub-paragraph (1). A requirement to hold a creditors’ meeting is satisfied by conducting correspondence in accordance with this paragraph.

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