Section 2: Notice of meeting

2. Notice of meeting (1) Written notice of— (a) the time and place of every meeting to be held under paragraph 1 (a); or (b) the time and method of communication for every meeting to be held under paragraph 1 (b); or (c) the time and address for the return of voting papers for every meeting to be held under paragraph 1 (a) or (b), shall be sent to every creditor and other person entitled to attend the meeting not less than 5 days before the meeting. (2) The notice shall— (a) state the nature of the business to be transacted at the meeting in sufficient detail to enable a creditor to form a reasoned judgment in relation to it; and (b) set out the text of any resolution to be submitted to the meeting; and (c) include a voting paper in respect of each such resolution and voting and mailing instructions. (3) An irregularity in or a failure to receive a notice of meeting of creditors does not invalidate anything done by a meeting of creditors, where— (a) the irregularity or failure is not material; or (b) all the creditors entitled to attend and vote at the meeting attend the meeting without protest as to the irregularity or failure; or (c) all such creditors agree to waive the irregularity or failure. (4) Where the meeting of creditors agrees, the chairman may adjourn the meeting from time to time and from place to place. (5) An adjourned meeting shall be held in the same place unless another place is specified in the resolution for the adjournment. (6) Where a meeting of creditors under paragraph 1 (a) or (b) is adjourned for less than one month, it is not necessary to give notice of the time and place of the adjourned meeting other than by announcement at the meeting which is adjourned. I14 – 223 [Issue 5] Insolvency Act