Seanad debates
Tuesday, 4 December 2012
Personal Insolvency Bill 2012: Committee Stage (Resumed)
Government amendment No. 71: In page 63, lines 39 to 47, to delete subsection (3) and substitute the following: ?(3) Where the personal insolvency practitioner prepares an amended proposal for a Debt Settlement Arrangement pursuant to subsection(2) he or she shall ?(a) notify the debtor of the date on which, and time and place at which, the adjourned meeting will be held, (b) at least 7 days before the day of the adjourned meeting, unless all of the creditors agree in writing to receive a shorter period of notice, notify each creditor of the date on which, and time and place at which, the adjourned meeting will be held, (c) ensure that the notices referred to in paragraph (a) and (b) are accompanied by a copy of the amended proposal, and (d) lodge a copy of the notice referred to in paragraph (b) and a copy of the amended proposal with the Insolvency Service.?.
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