Representation of creditors allows the Tribunal to appoint and remove class representatives and to nominate authorised representatives. The Tribunal may appoint one or more creditors or contributories to represent a class in proceedings at the company's expense; appointed persons must ... Summary
Representation of creditors allows the Tribunal to appoint and remove class representatives and to nominate authorised representatives.
The Tribunal may appoint one or more creditors or contributories to represent a class in proceedings at the company's expense; appointed persons must employ the same authorised representative, and if they fail to agree the Tribunal may nominate the authorised representative and may remove any person so appointed.
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