Commonwealth Consolidated Acts

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BANKRUPTCY ACT 1966 - SECT 64

Trustee to convene meetings

             (1)  The trustee must convene a meeting of the creditors of a bankrupt:

                     (a)  whenever the creditors so direct by resolution; and

                     (b)  whenever so requested in writing by at least one‑fourth in value of the creditors; and

                     (c)  whenever so requested in writing by less than one‑fourth in value of the creditors, being a creditor who has, or creditors who together have, lodged with the trustee sufficient security for the cost of holding the meeting.

             (2)  The trustee may convene at any time a meeting of the creditors of a bankrupt.

             (3)  When convening a meeting, the trustee must consider whether the proposed time and place is convenient for the creditors.



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