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<p>The cost of holding a meeting varies according to the insolvency process and the
nature of the meeting being held.</p><p> </p><p>Estimates of the cost of the initial
meetings in various insolvency procedures are included in the Impact Assessment [“Small
Business, Enterprise and Employment Bill: proposed changes to the law governing insolvency
proceedings impact assessment”, BIS/14/935, 30 October 2014] and range from £144 in
a bankruptcy to £420 for an administration.</p><p> </p><table><tbody><tr><td><p><strong>Process</strong></p></td><td><p><strong>Cost
of meeting/£</strong></p></td></tr><tr><td><p>Creditors’ voluntary liquidation</p></td><td><p>294</p></td></tr><tr><td><p>Administration</p></td><td><p>420</p></td></tr><tr><td><p>Compulsory
winding-up (official receiver)</p></td><td><p>144</p></td></tr><tr><td><p>Company
voluntary arrangement</p></td><td><p>420</p></td></tr><tr><td><p>Bankruptcy (official
receiver)</p></td><td><p>144</p></td></tr><tr><td><p>Individual voluntary arrangement</p></td><td><p>420</p></td></tr></tbody></table><p>
</p><p> </p><p> </p>
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