Part 15A
Voluntary administration
Single administration of related companies in administration
239AEVCreditors' meetings in single administration of pool companies
The provisions of this Part in relation to creditors' meetings apply except that, subject to subsection (2), a creditor of a pool company may only vote on a matter related to the pool company of which that person is a creditor.
If separate voting by creditors is impracticable (because, for example, the affairs of the pool companies are intermingled), the court may, on the application of the pool administrator, give directions as to how voting at a creditors' meeting must proceed.
Notes
- Section 239AEV: inserted, on , by section 6 of the Companies Amendment Act 2006 (2006 No 56).