The Insolvency (England and Wales) Rules 2016 No. 1024

PART 17 CREDITORS’ AND LIQUIDATION COMMITTEES

CHAPTER 1 Introductory

Scope and interpretation

17.1.—(1) This Part applies to the establishment and operation of—

(a) a creditors’ committee in an administration;

(b) a creditors’ committee in an administrative receivership;

(c) a liquidation committee in a creditors’ voluntary winding up;

(d) a liquidation committee in a winding up by the court; and

(e) a creditors’ committee in a bankruptcy.

(2) In this Part—

“contributory member” means a member of a liquidation committee appointed by the contributories; and

“creditor member” means a member of a liquidation committee appointed by the creditors.