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    <title>Directions at hearing of summons.</title>
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    <description>When a summons for a proposed compromise or arrangement is heard, the Judge must either dismiss it or give directions necessary to implement the meeting and voting process. Directions may specify the class or classes of creditors and members whose meetings are required; the time and place of meetings; appointment of Chairmen; the quorum and procedures including voting by proxy; the valuation of creditors and members or any class; notice and advertisement requirements; the timeframe for the Chairman&#039;s report to the Court; and such other matters as may be necessary.</description>
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    <pubDate>Tue, 31 May 2011 11:35:55 +0530</pubDate>
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      <description>When a summons for a proposed compromise or arrangement is heard, the Judge must either dismiss it or give directions necessary to implement the meeting and voting process. Directions may specify the class or classes of creditors and members whose meetings are required; the time and place of meetings; appointment of Chairmen; the quorum and procedures including voting by proxy; the valuation of creditors and members or any class; notice and advertisement requirements; the timeframe for the Chairman&#039;s report to the Court; and such other matters as may be necessary.</description>
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