Wishes of creditors or contributories guide winding up: Tribunal may call meetings and weigh claims by value or votes. The Tribunal may have regard to the wishes of creditors or contributories in winding up, direct meetings of creditors or contributories to be called and appoint a chairman to report results. In ascertaining those wishes the Tribunal must regard to the value of each creditor's debt and to the number of votes each contributory may cast.
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Provisions expressly mentioned in the judgment/order text.
Wishes of creditors or contributories guide winding up: Tribunal may call meetings and weigh claims by value or votes.
The Tribunal may have regard to the wishes of creditors or contributories in winding up, direct meetings of creditors or contributories to be called and appoint a chairman to report results. In ascertaining those wishes the Tribunal must regard to the value of each creditor's debt and to the number of votes each contributory may cast.
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