CHAPTER 3PROPOSAL BY ADMINISTRATOR OR LIQUIDATOR (HIMSELF THE NOMINEE)
Preparation of proposal
1.10.—(1) The responsible insolvency practitioner's proposal shall specify—
(a)all such matters as under Rule 1.3 in Chapter 2 the directors of the company would be required to include in a proposal by them, and
(b)such other matters (if any) as the insolvency practitioner considers appropriate for ensuring that members and creditors of the company are enabled to reach an informed decision on the proposal.
(2) Where the company is being wound up by the court, the insolvency practitioner shall give notice of the proposal to the official receiver.
Summoning of meetings under s. 3
1.11.—(1) The responsible insolvency practitioner shall fix a venue for the creditors' meeting and the company meeting, and give at least 14 days' notice of the meetings—
(a)in the case of the creditors' meeting, to all the creditors specified in the company's statement of affairs, and to any other creditors of whom the insolvency practitioner is aware; and
(b)in the case of the company meeting, to all persons who are, to the best of his belief, members of the company.
(2) Each notice sent out under this Rule shall state the effect of Rule 1.19(1), (3) and (4) (requisite majorities (creditors)); and with it there shall be sent—
(a)a copy of the responsible insolvency practitioner's proposal, and
(b)a copy of the statement of affairs or, if he thinks fit, a summary of it (the summary to include a list of creditors and the amounts of their debts).