Commentary

340 Consideration of administrator's proposals by creditors

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

340 Consideration of administrator's proposals by creditors

| Commentary

340 Consideration of administrator's proposals by creditors

The administrator must seek a decision from the partnership's creditors as to whether they approve his proposals, or not. The procedure is set out in Sch B1 to the Insolvency Act 19861.

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