CORPORATIONS ACT 2001 No. 50, 2001 - SECT 445F Meeting of creditors to consider proposed variation or
CORPORATIONS ACT 2001 No. 50, 2001 - SECT 445F
Meeting of creditors to consider proposed variation or(1) The administrator of a deed of company arrangement:
(2) A meeting under this section must be convened by the deed's administrator:
- (i)
- in a national newspaper; or
- (ii)
- in each State or Territory in which the company has its registered office or carries on business, in a daily newspaper that circulates generally in that State or Territory;
- at least 5 business days before the meeting.
(3) The notice given to a creditor under paragraph (2)(a) must:
- (a)
- set out each resolution (if any) under section 445A or paragraph 445C(b) that the deed's administrator proposes that the meeting vote on; and
- (b)
- if the meeting is convened under paragraph (1)(b) of this sectionset out each proposed resolution under section 445A or paragraph 445C(b) that is set out in the request.
(4) At a meeting convened under this section, the deed's administrator is to preside. (5) A meeting convened under this section may be adjourned from time to time.