Full text: Secretarial practice

306 
SECRETARIAL PRACTICE 
GENERAL MEETINGS OF CREDITORS AND CONTRIBUTORIES IN RELATION 
ro WINDING UP BY THE COURT AND OF CREDITORS IN RELATION TO A 
CREDITORS’ VOLUNTARY WINDING UP. 
[liquidator’s 
meetings of 
creditors and 
contributories. 
Application of 
rules as to 
meetings. 
Summoning of 
meetings. 
Form 75. 
125.—(1) In addition to the first meetings of creditors and con 
tributories and in addition also to meetings of creditors and con- 
tributories directed to be held by the Court under section 288 of the 
Act (hereinafter referred to as Court meetings of creditors and 
contributories), the Liquidator in any winding-up by the Court 
may himself from time to time subject to the provisions of the Act 
and the control of the Court summon, hold and conduct meetings of 
the creditors or contributories (hereinafter referred to as Liquidator’s 
meetings of creditors and contributories) for the purpose of ascertain 
ing their wishes in all matters relating to the winding-up. 
(2) In any creditors’ voluntary winding up the Liquidator may 
himself from time to time summon hold and conduct meetings 
of creditors for the purpose of ascertaining their wishes in all matters 
relating to the winding-up (such meetings and all meetings of 
creditors which a Liquidator or a Company is by the Act required 
to convene in or immediately before such a voluntary winding-up 
and all meetings convened by a creditor in a voluntary winding- 
up under these Rules are hereinafter called voluntary liquidation 
meetings). 
126. Except where and so far as the nature of the subject-mattes 
or the context may otherwise require the Rules as to meetings here 
inafter set out shall apply to first meetings, Court meetings, Liqui- 
dator’s meetings of ecreditors and contributories, and voluntary 
liquidation meetings, but so nevertheless that the said Rules shal. 
take effect as to first meetings subject and without prejudice to any 
express provisions of the Act and as to Court meetings subject and 
without prejudice to anv express directions of the Court. 
127.—(1) The Official Receiver or Liquidator shall summon all 
meetings of creditors and contributories by giving not less than 
seven days’ notice of the time and place thereof in the London 
Gazette and in a local paper; and shall not less than seven days 
before the day appointed for the meeting send by post to every 
person appearing by the Company’s books to be a creditor of the 
Company notice of the meeting of creditors, and to every person 
appearing by the Company’s books or otherwise to be a contributory 
of the Company notice of the meeting of contributories. 
(2) The notice to each creditor shall be sent to the address given 
in his proof, or if he has not proved to the address given in the 
Statement of Affairs of the Company, if any, or to such other address 
as may be known to the person summoning the meeting. The notice 
to each contributory shall be sent to the address mentioned in the 
Company's books as the address of such contributory, or to such 
other address as may be known to the person summoning the 
meeting.
	        
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