Alternative meeting provisions in insolvency treat winding up as creditors' voluntary winding up and limit first-year meeting duty. Where the insolvency provision applies, winding up meeting procedures for a creditors' voluntary winding up supplant those for a members' voluntary winding up; the liquidator need not call a creditors' meeting at the end of the first year if the earlier creditors' meeting under the insolvency provision was held within three months of that year's end.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Alternative meeting provisions in insolvency treat winding up as creditors' voluntary winding up and limit first-year meeting duty.
Where the insolvency provision applies, winding up meeting procedures for a creditors' voluntary winding up supplant those for a members' voluntary winding up; the liquidator need not call a creditors' meeting at the end of the first year if the earlier creditors' meeting under the insolvency provision was held within three months of that year's end.
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