The Insolvency (England and Wales) Rules 2016—Part 17: Changes to creditors’ and liquidation committees [Archived]
Produced in partnership with Faith Julian of 9 Stone Buildings
The Insolvency (England and Wales) Rules 2016—Part 17: Changes to creditors’ and liquidation committees [Archived]

The following Restructuring & Insolvency guidance note Produced in partnership with Faith Julian of 9 Stone Buildings provides comprehensive and up to date legal information covering:

  • The Insolvency (England and Wales) Rules 2016—Part 17: Changes to creditors’ and liquidation committees [Archived]
  • Functions of a committee
  • Membership and formation of committees
  • Meetings of committee
  • Supply of information by the office-holder to the committee
  • Miscellaneous
  • Winding-up by the court following an administration
  • Transitional Provisions

ARCHIVED: This Practice Note has been archived and is not maintained.

The Insolvency (England and Wales) Rules 2016, SI 2016/1024 (IR 2016) were laid before Parliament on 25 October 2016 and are in force from 6 April 2017. They are intended to consolidate the Insolvency Rules 1986, SI 1986/1925 (IR 1986) and all statutory instruments amending the IR 1986, SI 1986/1925 (which are all repealed), modernise and simplify the language used, and incorporate changes made in the law. For materials on creditors and liquidation committees under the law prior to 6 April 2017, see Practice Note: Formal creditors’ committee meetings—the position under The Insolvency (England and Wales) Rules 2016.

The IR 2016, SI 2016/1024, are accompanied by an Explanatory Memorandum (prepared by the Department for Business, Energy & Industrial Strategy in conjunction with the Insolvency Service) which, although not forming part of the IR 2016, SI 2016/1024, (and not approved by Parliament), may assist the reader in understanding them.

Being the single largest change to insolvency law in a generation, we have produced a series of Practice Notes describing most of the individual Parts of the IR 2016, SI 2016/1024, summarising what changes there are, and also where there are no changes other than new rule numbers.

This Practice Note is concerned with IR 2016, SI 2016/1024, Part 17 in relation to creditors' and