Personal Insolvency Act 2012

111.

Procedures for the conduct of creditors meetings.

111.— (1) The Minister may make regulations relating to the holding of creditors’ meetings under this Chapter, and without prejudice to the generality of the Minister’s power under this section, such regulations may provide for—

( a) the holding of a meeting in circumstances where not all of the creditors are present in the same venue,

( b) the voting process including providing for the communication of creditors’ votes to the personal insolvency practitioner by telephony or electronically, and

( c) appointment of proxies to vote at such meetings.

(2) The venue for the holding of a creditors’ meeting shall be situated within the State.

(3) The period of notice of the meeting of creditors may be waived or abridged where the consent of all the creditors to such waiver or abridgement is given in writing.

Annotations:

Editorial Notes:

E55

Power pursuant to section exercised (30.08.2013) by Personal Insolvency Act 2012 (Procedures for the Conduct of Creditors’ Meetings) Regulations 2013 (S.I. No. 335 of 2013).