[General heading as in form 1 and rule 824] I, [Full name, address, and description of trustee], the trustee acting in the proposal of [Full name, address, and description of insolvent] (the insolvent) report to the Court as follows: 1. The insolvent on [Date] lodged in the Court a proposal, a true copy of which (marked A) is attached. 2. On [Date], I gave notice to every known creditor affected by the proposal and whose name and address marked B are attached to this report, of the calling of a meeting of creditors to be held on [Date] to consider the proposal. 3. The notice was accompanied by the following: (a) A statement of the assets and liabilities of the insolvent: (b) A list of the insolvent's creditors affected by the proposal and showing the amounts of their claims: (c) A copy of the debtor's proposal, a form of proof of debt, and a voting letter. 4. True copies of the notice, the statement of affairs, and the list of creditors marked C, D, and E are attached. 5. The meeting of creditors was held on [Date] and was presided over by [Full name]. 6. The proposal was— (a) Accepted by the required majority of creditors. OR (b) amended at the meeting and as so amended was accepted by the required majority of creditors. 7. A true copy of the resolution of the meeting marked F is attached. 8. My opinion is as follows: (a) That the assets of the insolvent and their fair realisable value are as follows: [Details of assets, giving the value as carried on the books of the insolvent and the trustee's estimate in each case of their realisable value]. (b) That the liabilities of the insolvent are as follows: [Details of liabilities, including whether secured, preferred, or unsecured, pointing out discrepancies, if any, between the liabilities as declared by the insolvent and as subsequently proved and admitted by the trustee]. (c) That the debtor's proposal is an advantageous one for the creditors OR otherwise, as the case may be, for the following reasons: [Full reasons of the trustee]. Dated at [Place] [Date]. Trustee.