Insolvency
IVA revoked due to material irregularities at the creditors’ meeting
In the recent case of Rowbury –v- Official Receiver (2015) the High Court revoked an Individual Voluntary Arrangement (IVA) because at the creditors meeting called to consider the IVA proposal, there were material irregularities relating to the admittance of creditor proofs of debt and the chairman’s failure to order a Read more…