(1) The Insolvency Act 1986 is amended as follows.
(2) After section 246ZD (as inserted by section 118) insert -
"Decisions by creditors and contributories
246ZE Decisions by creditors and contributories: general
(1) This section applies where, for the purposes of this Group of Parts, a person ("P") seeks a decision about any matter from a company's creditors or contributories.
(2) The decision may be made by any qualifying decision procedure P thinks fit, except that it may not be made by a creditors' meeting or (as the case may be) a contributories' meeting unless subsection (3) applies.
(3) This subsection applies if at least the minimum number of creditors or (as the case may be) contributories make a request to P in writing that the decision be made by a creditors' meeting or (as the case may be) a contributories' meeting.
(4) If subsection (3) applies P must summon a creditors' meeting or (as the case may be) a contributories' meeting.
(5) Subsection (2) is subject to any provisi
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