Venue and conduct of company meetings
63.—(1) In fixing the date, time and place for a meeting, the administrator shall have regard to the convenience of those members of the investment bank attending.
(2) The chair of the meeting shall be the administrator or the person nominated by the administrator in writing to act in the administrator’s place.
(3) A person so nominated must be either—
(a)one who is qualified to act as an insolvency practitioner in relation to the investment bank; or
(b)an employee of the administrator or the administrator’s firm who is experienced in insolvency matters.
(4) If within 30 minutes from the time fixed for commencement of a meeting there is no person present to act as chair, the meeting stands adjourned to the same time and place in the following week or, if that is not a business day, to the business day immediately following.
(5) Subject to anything to the contrary in the Regulations and these Rules, the meeting must be summoned and conducted in accordance with the law of Scotland, including any applicable provision in or made under the 2006 Act.
(6) The chair of the meeting shall cause minutes of the proceedings to be entered in the sederunt book.