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of <h1>Creditors and shareholders form advisory committee under section 287(3) to assist Liquidator with company matters.</h1> A meeting of creditors and contributories of a company was held under section 287(3) of the Companies Law, chaired by the Company Liquidator. Creditors, whose debts were admitted for voting, decided on the formation of an advisory committee to assist the Liquidator, with members selected through unanimous resolution or voting. Subsequently, a meeting of contributories was convened to consider this decision and express their views on committee membership. The contributories, holding shares and entitled to votes, also resolved on the matter. Details of the resolutions, voting results, and committee members were documented by the Liquidator.
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