Part 15A
Voluntary administration
Creditors' meetings generally
239AMBFurther powers where court orders creditor’s vote be taken into account
If the court orders, under section 239AM or 239AMA, that a creditor’s vote be taken into account, the court may also—
- order that the resolution be set aside or treated as having passed:
- order that a new meeting be held to consider and vote on the resolution:
- order that the creditor’s vote on a resolution to vary or amend the resolution be taken into account:
- make any other orders that the court thinks necessary.
Despite any application under section 239AM or 239AMA, the outcome of the vote on the resolution is valid and effective unless the court orders otherwise.
Notes
- Section 239AMB: inserted, on , by section 13 of the Insolvency Practitioners Regulation (Amendments) Act 2019 (2019 No 28).