https://www.taxtmi.com/acts?id=12902 Meeting of creditors must be called on the day of, or the day after, the company general meeting proposing voluntary winding up; notices must be posted and advertised; the board must lay before creditors a full statement of affairs with a creditors list and estimated claims, appoint a director to preside who must attend and chair; the creditors' meeting retains effect if the company meeting is adjourned and the winding up resolution is subsequently passed; defaults by the company, board, or director incur a monetary fine and liability for officers in default. en-us Tue, 17 May 2011 18:09:33 +0530 Tue, 17 May 2011 18:09:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12902 Meeting of creditors must be called on the day of, or the day after, the company general meeting proposing voluntary winding up; notices must be posted and advertised; the board must lay before creditors a full statement of affairs with a creditors list and estimated claims, appoint a director to preside who must attend and chair; the creditors' meeting retains effect if the company meeting is adjourned and the winding up resolution is subsequently passed; defaults by the company, board, or director incur a monetary fine and liability for officers in default. Act-Rules Companies Law Tue, 17 May 2011 18:09:33 +0530 https://www.taxtmi.com/acts?id=12902