(1) In all matters relating to the winding up of a company, the Tribunal may–<\/p>\n\n\n\n
(a) have regard to the wishes of creditors or contributories of the company, as proved to it by any sufficient evidence;<\/p>\n\n\n\n
(b) if it thinks fit for the purpose of ascertaining those wishes, direct meetings of the creditors or contributories to be called, held and conducted in such manner as the Tribunal may direct; and<\/p>\n\n\n\n
(c) appoint a person to act as chairman of any such meeting and to report the result thereof to the Tribunal.<\/p>\n\n\n\n
(2) While ascertaining the wishes of creditors under sub-section (1), regard shall be had to the value of each debt of the creditor.<\/p>\n\n\n\n
(3) While ascertaining the wishes of contributories under sub-section (1), regard shall be had to the number of votes which may be cast by each contributory.<\/p>\n\n\n\n
(1) In all matters relating to the winding up of a company, the Tribunal may– (a) have regard to the wishes of creditors or contributories of the company, as proved to it by any sufficient evidence; (b) if it thinks fit for the purpose of ascertaining those wishes, direct meetings of the creditors or contributories […]<\/p>\n","protected":false},"author":4,"featured_media":79763,"parent":79755,"menu_order":0,"template":"","format":"standard","meta":[],"categories":[11445],"tags":[1007],"acf":{"service_id":"215"},"yoast_head":"\n