BANKRUPTCY ACT 1966

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (BANKRUPTCY)  

Note: See section 4A .

PART 3 - GENERAL RULES RELATING TO ESTATE ADMINISTRATIONS  

Division 75 - Meetings of creditors  

SECTION 75-50   RULES RELATING TO MEETINGS  

75-50(1)  
The Insolvency Practice Rules may provide for and in relation to meetings of creditors.

75-50(2)  
Without limiting subsection (1), the Insolvency Practice Rules may provide for and in relation to:


(a) the circumstances in which meetings must or may be convened; and


(b) notice for convening meetings; and


(c) agenda; and


(d) information to be given to creditors; and


(e) who is to preside at meetings; and


(f) the number of creditors required to constitute a quorum; and


(g) proxies and attorneys; and


(h) motions; and


(i) voting (including casting votes); and


(j) the circumstances in which a resolution or a special resolution must or may be put to creditors in a meeting; and


(k) the circumstances in which a resolution or a special resolution put to creditors in a meeting is passed; and


(l) facilities, including electronic communication facilities, to be available at meetings; and


(m) minutes; and


(n) costs in relation to meetings and security for those costs.




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