256 Nominee's report on debtor's proposal
Insolvency Act 1986 (1986 c 45) | Legislation

256  Nominee's report on debtor's proposal

(1)     Where an interim order has been made on an application under section 253, the nominee shall, before the order ceases to have effect, submit a report to the court stating—

(a)     [whether, in his opinion, the voluntary arrangement which the debtor is proposing has a reasonable prospect of being approved and implemented, [and]

(aa)]     whether, in his opinion, [the debtor's creditors should] consider the debtor's proposal. . .

(b)     . . ..

(2)     For the purpose of enabling the nominee to prepare his report the debtor shall submit to the nominee—

(a)     a document setting out the terms of the voluntary arrangement which

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