Section 49: Committee of creditors.

Insolvency Act 1986 · 1986 c. 45View on legislation.gov.uk

Part III: Receivership — Chapter I: Receivers and Managers (England and Wales)

Where an administrative receiver has sent or published a report as mentioned in section 48(2) the company's unsecured creditors may, in accordance with the rules, establish a committee ("the creditors' committee") to exercise the functions conferred on it by or under this Act.

If such a committee is established, the committee may, on giving not less than 7 days' notice, require the administrative receiver to attend before it at any reasonable time and furnish it with such information relating to the carrying out by him of his functions as it may reasonably require.

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