205 Annual progress report

BANKRUPTCY AND INSOLVENCY (CORPORATE INSOLVENCY) vol 3(3)

205 Annual progress report

| Commentary

The only meeting (or decision procedure) now required in a creditors’ voluntary liquidation are the initial meetings of the company and initial decision procedure of creditors. There is now no requirement for a final meeting and in most cases it is unlikely that any other meeting will ever be called. Formerly, there was a requirement to hold an annual meeting of creditors but in relation to companies in creditors’ voluntary liquidation which are registered in England and Wales this was replaced in 2010 by a requirement

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