Monday, November 29, 2010

Issuing notices by 1st class post – its official!

Well almost! Whilst we have not heard back from the Insolvency Service to confirm the comment in our September update that notices to convene meetings etc have to be issued by 1st class post or DX because the Civil Proceedings Rules on postal service apply, we did hear a representative of the Insolvency Service say at the recent SPG Forum that the intention is to amend the rules to permit 2nd class post to be used. Consequently we have concluded that our September update was correct. We await the legislative changes with interest, if indeed they will now happen at all given that the Insolvency Service seem to want the profession to tell them that further changes would not be welcomed at the moment.