Bankruptcy Act 1966

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (BANKRUPTCY)  

Note: See section 4A .

PART 3 - GENERAL RULES RELATING TO ESTATE ADMINISTRATIONS  

Division 75 - Meetings of creditors  

SECTION 75-50   RULES RELATING TO MEETINGS  

75-50(1)    
The Insolvency Practice Rules may provide for and in relation to meetings of creditors.

75-50(2)    
Without limiting subsection (1), the Insolvency Practice Rules may provide for and in relation to:


(a) the circumstances in which meetings must or may be convened; and


(b) notice for convening meetings; and


(c) agenda; and


(d) information to be given to creditors; and


(e) who is to preside at meetings; and


(f) the number of creditors required to constitute a quorum; and


(g) proxies and attorneys; and


(h) motions; and


(i) voting (including casting votes); and


(j) the circumstances in which a resolution or a special resolution must or may be put to creditors in a meeting; and


(k) the circumstances in which a resolution or a special resolution put to creditors in a meeting is passed; and


(l) facilities, including electronic communication facilities, to be available at meetings; and


(m) minutes; and


(n) costs in relation to meetings and security for those costs.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.