Directions at hearing of summons require court to direct advertisement and service of notices on affected creditors and debenture holders. On hearing a summons for directions the Court may direct advertisement of the petition and service of notices on debenture holders, creditors and other ... Summary
Directions at hearing of summons require court to direct advertisement and service of notices on affected creditors and debenture holders.
On hearing a summons for directions the Court may direct advertisement of the petition and service of notices on debenture holders, creditors and other persons whose interests will be affected, formalising directions in prescribed order and notice forms; if the Court dispenses with a required notice to any person or class it must record its reasons.
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