The Insolvency (England and Wales) Rules 2016

Proposal for a CVA: general principles and amendmentE+W

This section has no associated Explanatory Memorandum

2.2.—(1) A proposal must—

(a)contain identification details for the company;

(b)explain why the proposer thinks a CVA is desirable;

(c)explain why the creditors are expected to agree to a CVA; and

(d)be authenticated and dated by the proposer.

[F1(2) The proposal may be amended with the nominee’s agreement in writing where—

(a)the nominee is not the liquidator or administrator of the company; and

(b)the nominee’s report has not been filed with the court under section 2(2).]

F2(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .