### Bankruptcy Rules 《破產規則》

122V. Report of creditors’ meeting
(1) A report of the creditors’ meeting shall be prepared by the chairman of the meeting.
(2) The report shall—
(a) state whether the proposal for a voluntary arrangement was approved or rejected and, if approved, with what (if any) modifications;
(b) set out the resolutions which were taken at the meeting, and the decision on each one;
(c) list the creditors (with their respective values) who were present or represented at the meeting, and how they voted on each resolution; and
(d) include such further information (if any) as the chairman thinks it appropriate to make known to the court.
(3) A copy of the chairman’s report shall, within 7 days of the meeting being held, be filed in court; and the court shall cause that copy to be endorsed with the date of filing.
(4) The persons to whom notice of the result is to be given, under section 20G(1) of the Ordinance, are all those who were sent notice of the meeting under these rules and, in Case 1, the trustee. (L.N. 123 of 2007)
(5) The notice shall be sent immediately after a copy of the chairman’s report is filed in court under subrule (3). (L.N. 150 of 2014)
(L.N. 77 of 1998)

122W. Register of voluntary arrangements
(1) The Official Receiver shall maintain a register of individual voluntary arrangements, and shall enter in it all such matters as are reported to him in pursuance of rules 122X, 122Y and 122ZC.
(2) The register shall be open to public inspection.
(L.N. 77 of 1998)

122X. Reports to Official Receiver
(1) Immediately after the chairman of the creditors’ meeting has filed in court a report that the meeting has approved the voluntary arrangement, he shall report to the Official Receiver the following details of the arrangement—
(a) the name, Hong Kong Identity Card number (if any) and address of the debtor;
(b) the date on which the arrangement was approved by the creditors;
(c) the name and address of the nominee.
(2) A person who is appointed to act as nominee of an individual voluntary arrangement (whether in the first instance or by way of replacement of another person previously appointed) shall forthwith give written notice to the Official Receiver of his appointment, and if he vacates office as nominee, he shall forthwith give written notice of that fact also to the Official Receiver.
(L.N. 77 of 1998)

### Bankruptcy Rules 《破產規則》

122Y. Revocation or suspension of arrangement
(1) This rule applies where the court makes an order of revocation or suspension under section 20J of the Ordinance.
(2) The person who applied for the order shall serve sealed copies of it—
(a) in Case 1, on the debtor, the Official Receiver and the trustee;
(b) in Case 2, on the debtor; and
(c) in either case on the nominee of the voluntary arrangement.
(3) If the order includes a direction by the court under section 20J(4)(b) of the Ordinance for any further creditors’ meeting to be summoned, notice shall also be given (by the person who applied for the order) to whoever is, in accordance with the direction, required to summon the meeting.
(4) The debtor (in Case 2) and the trustee (in Case 1) shall— (L.N. 123 of 2007)
(a) forthwith after receiving a copy of the court’s order, give notice of it to all persons who were sent notice of the creditors’ meeting which approved the voluntary arrangement or who, not having been sent that notice, appear to be affected by the order;
(b) within 7 days of their receiving a copy of the order (or within such longer period as the court may allow), give notice to the court whether it is intended to make a revised proposal to creditors, or to invite re-consideration of the original proposal.
(5) The person on whose application the order of revocation or suspension was made shall, within 7 days after the making of the order, give written notice of it to the Official Receiver.
(L.N. 77 of 1998)

### Bankruptcy Rules 《破產規則》

122Z. Nominee’s accounts and reports
(1) Where the voluntary arrangement authorizes or requires the nominee—
(a) to carry on the debtor’s business or to trade on his behalf or in his name;
(b) to realize assets of the debtor or (in Case 1) belonging to the estate; or
(c) otherwise to administer or dispose of any funds of the debtor or the estate,
he shall keep accounts and records of his acts and dealings in and in connection with the arrangement, including in particular records of all receipts and payments of money.
(2) The nominee shall, not less often than once in every 12 months beginning with the date of his appointment, prepare an abstract of such receipts and payments, and send copies of it, accompanied by his comments on the progress and efficacy of the arrangement, to— (E.R. 4 of 2020)
(a) the court;
(b) the debtor; and
(c) all those of the debtor’s creditors who are bound by the arrangement and whose names and addresses the nominee is aware of.
(3) If in any period of 12 months he has made no payments and had no receipts, he shall at the end of that period send a statement to that effect to all those who are specified in subrule (2)(a) to (c). (L.N. 150 of 2014)
(4) An abstract prepared under subrule (2) shall relate to a period beginning with the date of the nominee’s appointment or (as the case may be) the day following the end of the last period for which an abstract was prepared under this rule; and copies of the abstract shall be sent out, as required by subrule (2), within the 2 months following the end of the period to which the abstract relates. (L.N. 150 of 2014)
(5) If the nominee is not authorized as mentioned in subrule (1), he shall, not less often than once in every 12 months beginning with the date of his appointment, send to all those specified in subrule (2)(a) to (c) a report on the progress and efficacy of the voluntary arrangement. (L.N. 150 of 2014)
(6) The court may, on application by the nominee, vary the dates on which the obligation to send abstracts or reports arises.
(L.N. 77 of 1998)