Commentary

16 Major changes in the conduct of meetings and communications with creditors

BANKRUPTCY AND INSOLVENCY (INDIVIDUAL INSOLVENCY) vol 3(2)
| Commentary

16 Major changes in the conduct of meetings and communications with creditors

| Commentary

16 Major changes in the conduct of meetings and communications with creditors

The Small Business Enterprise and Employment Act 20151 inserts new Sections 379ZA to 379ZC into the Insolvency Act 19861. The Rules which supplement these provisions are now to be found in Part 15 (Decision Making) of the 2016 Rules, which aim to consolidate the decision-making procedure for all insolvency procedures, personal and corporate2. The general effect is to move away from face-to-face meetings to other procedures for establishing the wishes of creditors and other interested parties. There are also permissive changes in the

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