56. Direction to consider proposal.
Bankruptcy and Individual Insolvency (Volume 5 (2020)) | Commentary
If the court is satisfied, on receiving the nominee's report1, that the debtor's creditors should consider the debtor's proposal, the court must direct that the period for which the interim order has effect2 is to be extended, for such further period as it may specify in the direction3, for the purpose of enabling the debtor's proposal
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If the court is satisfied, on receiving the nominee's report1, that the debtor's creditors should consider the debtor's proposal, the court must direct that the period for which the interim order has effect2 is to be extended, for such further period as it may specify in the direction3, for the purpose of enabling the debtor's proposal
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