Commonwealth Consolidated Regulations

INSOLVENCY PRACTICE RULES (BANKRUPTCY) 2016 - RULE 75.80

    If a meeting of creditors of a regulated debtor's estate is convened, notice of the meeting must state that each creditor must give to the trustee of the regulated debtor's estate, at or before the meeting, a written statement setting out:

  (a)   the amount in respect of which the creditor claims that the regulated debtor is indebted to the creditor; and

  (b)   if the creditor has been assigned a debt that the regulated debtor owes to the creditor--the value of the consideration that the creditor gave for the assignment of the debt; and

  (c)   whether the creditor is a related entity of the regulated debtor; and

  (d)   if the meeting is the first meeting of the creditors:

  (i)   whether the creditor holds a security in respect of the debt and, if so, the value of the security as estimated by the creditor and the amount of the creditor's debt after deducting that value; and

  (ii)   brief particulars of the transaction and circumstances that gave rise to the debt.