Companies.
of the contributories present personally or by proxy, and voting on the resolution, have voted in favour of the resolution, the value of the contributories being determined according to the number of votes conferred on each contributory by the regulations of the company.
120. The Official Receiver or as the case may be the liquidator shall file with the Registrar a copy certified by him of every resolution of a meeting of creditors or contributories in a winding up by the court.
[CAP. 32
Copy of to be filed.
resolution
R. 133.
reception
a creditor.
121. Where a meeting of creditors or contributories is summoned by notice the proceedings and resolutions at the meeting shall unless the court otherwise orders be valid notwithstanding that some creditors or contributories may not have received the notice sent to them.
Non-reception of notice by
R. 134.
ment.
R. 135.
122. The chairman may with the consent of the meeting adjourn it from time to time and from place to place, but the adjourned meeting shall be held at the same place as the original place of meeting unless in the resolution for adjournment another place is specified or unless the court otherwise orders.
Adjournment.
Form 78.
R. 136.
123. (1) A meeting may not act for any purpose except the election of a chairman, the proving of debts and the adjournment of the meeting unless there are present or represented thereat at least three creditors entitled to vote or three contributories or all the creditors entitled to vote or all the contributories, if the number of the creditors entitled to vote or the contributories as the case may be shall not exceed three.
(2) If within half an hour from the time appointed for the meeting a quorum of creditors or contributories is not present or represented the meeting shall be adjourned to the same day in the following week at the same time and place or to such other day as the chairman may appoint not being less than seven or more than twenty-one days from the day from which the meeting was adjourned.
Form 21.
124. In the case of a first meeting of creditors or of an adjournment thereof a person shall not be entitled to vote as a creditor unless he has duly lodged with the Official
Creditors vote.
entitled to
R. 137.
81
_
A
Companies.
of the contributories present personally or by proxy, and voting on the resolution, have voted in favour of the resolution, the value of the contributories being determined according to the number of votes conferred on each contri- butory by the regulations of the company.
120. The Official Receiver or as the case may be the liquidator shall file with the Registrar a copy certified by him of every resolution of a meeting of creditors or contribu- tories in a winding up by the court.
[CAP. 32
Copy of to be filed.
resolution
R. 133.
reception
a creditor.
121. Where a meeting of creditors or contributories is Non- summoned by notice the proceedings and resolutions at the of notice by meeting shall unless the court otherwise orders be valid R. 134. notwithstanding that some creditors or contributories may not have received the notice sent to them.
ment.
R. 135.
122. The chairman may with the consent of the meeting Adjourn- adjourn it from time to time and from place to place, but the adjourned meeting shall be held at the same place as the Form 78. original place of meeting unless in the resolution for adjourn- ment another place is specified or unless the court otherwise orders.
R. 136.
123. (1) A meeting may not act for any purpose except Quorum. the election of a chairman, the proving of debts and the adjournment of the meeting unless there are present or represented thereat at least three creditors entitled to vote or three contributories or all the creditors entitled to vote or all the contributories, if the number of the creditors entitled to vote or the contributories as the case may be shall not exceed three.
(2) If within half an hour from the time appointed for the meeting a quorum of creditors or contributories is not present or represented the meeting shall be adjourned to the same day in the following week at the same time and place or to such other day as the chairman may appoint Form 21. not being less than seven or more than twenty-one days, from the day from which the meeting was adjourned.
124. In the case of a first meeting of creditors or of an adjournment thereof a person shall not be entitled to vote as a creditor unless he has duly lodged with the Official
Creditors vote.
entitled to
R. 137.
81
_
A
No comments yet.
Private notes are available after approval.