| Commentary

35 The nominee’s report to the court

| Commentary

35 The nominee’s report to the court

The nominee must within 28 days (or such longer period as the court may allow), after he is given notice of the proposal for a voluntary arrangement, submit a report to the court stating1:

  1. 35.1

        Whether in his opinion the proposed voluntary arrangement has a reasonable prospect of being approved and implemented2;

  2. 35.2

        Whether in his opinion the proposal should be considered by a meeting of the company and by the company's creditors; and

  3. 35.3

        If in his opinion is that it should, the date on which, and the time and place at

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