678 | SECRETARIAL PRACTICE
of the company has been disposed of, and thereupon shall call a
general meeting of the company for the purpose of laying before
it the account, and giving any explanation thereof.

(2) The meeting shall be called by advertisement in the Gazette,
specifying the time, place, and object thereof, and published one
month at least before the meeting.

(3) Within one week after the meeting, the liquidator shall
send to the registrar of companies a copy of the account, and shall
make a return to him of the holding of the meeting and of its date,
and if the copy is not sent or the return is not made in accordance
with this subsection the liquidator shall be liable to a fine not
exceeding five pounds for every dav during which the default con-
tinues:

Provided that, if a quorum is not present at the meeting, the
liquidator shall, in lieu of the return hereinbefore mentioned, make
a return that the meeting was duly summoned and that no quorum
was present thereat, and upon such a return being made the pro-
visions of this subsection as to the making of the return shall be
deemed to have been complied with.
1 (4) The registrar on receiving the account and either of the
returns hereinbefore mentioned shall forthwith register them, and
on the expiration of three months from the registration of the
return the company shall be deemed to be dissolved:

Provided that the court may, on the application of the liquidator
or of any other person who appears to the court to be interested,
make an order deferring the date at which the dissolution of the
company is to take effect for such time as the court thinks fit.

(5) It shall be the duty of the person on whose application an
order of the court under this section is made, within seven days
after the making of the order, to deliver to the registrar an office
copy of the order for registration, and if that person fails so to do he
shall be liable to a fine not exceeding five pounds for every dav during
which the default continues.
Provisions applicable to a Creditors’ Voluntary Winding Up.
Provisions ap- 237. The provisions contained in the eight sections of this Act
lla 8 next following shall apply in relation to a creditors’ voluntary
ing up. winding up.
Meeting of 238.—(1) The company shall cause a meeting of the creditors
Creditors, of the company to be summoned for the day, or the day next follow-
ing the day, on which there is to be held the meeting at which the
resolution for voluntary winding up is to be proposed, and shall
cause the notices of the said meeting of creditors to be sent by post
to the creditors simultaneously with the sending of the notices of
the said meeting of the company.

(2) The company shall cause notice of the meeting of the
creditors to be advertised once in the Gazette and once at least in
two local newspapers circulating in the district where the registered
office or principal place of business of the companv is situate.