SCHEDULES
SCHEDULE 9Abolition of requirements to hold meetings; opted-out creditors
PART 1Company insolvency
Winding-up
I1I2I347
1
Section 195 (meetings to ascertain wishes of creditors or contributories) is amended as follows.
2
In subsection (1)(b), for the words from “meetings” to the end substitute “
qualifying decision procedures to be instigated or the deemed consent procedure to be used in accordance with any directions given by the court, and appoint a person to report the result to the court
”
.
3
In the heading, for “Meetings” substitute “
Court's powers
”
.