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A Report of Meetings Approving Voluntary Arrangement refers to a document that provides a detailed account of the meetings held with creditors and shareholders to consider and vote on a proposed voluntary arrangement.

When a financially troubled company proposes a voluntary arrangement to its creditors, it is required to convene separate meetings with creditors and shareholders to seek their approval for the proposed arrangement. These meetings allow stakeholders to review the details of the proposed arrangement, ask questions, and cast their votes.

The Report of Meetings Approving Voluntary Arrangement summarizes the proceedings of these meetings. It includes information such as the date, time, and location of the meetings, the number of attendees, and the outcome of the voting process. The report will outline the votes cast by creditors and shareholders, indicating whether the proposed voluntary arrangement has been approved.

Additionally, the report may include details of any modifications or amendments made to the original proposal during the meetings. It may also provide an overview of the discussions that took place and any concerns or objections raised by participants.

The purpose of the Report of Meetings Approving Voluntary Arrangement is to provide a comprehensive record of the meetings’ proceedings and outcomes. It serves as an official document that demonstrates the level of support or opposition for the proposed arrangement among creditors and shareholders.

Creditors, shareholders, and other interested parties should carefully review the Report of Meetings Approving Voluntary Arrangement to understand the level of support for the proposed arrangement and the overall decision reached. This report helps ensure transparency in the process and allows stakeholders to make informed decisions about their involvement in the voluntary arrangement.

These notices are filed with Companies House against the registered company number. All UK company liquidation notices and updates are tracked centrally by Doorda.