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SUPREME COURT RULES 1970 - SECT 80.41 Calls: sanction of committee of inspection (ss 384 (3), 389)

SUPREME COURT RULES 1970 - SECT 80.41

Calls: sanction of committee of inspection (ss 384 (3), 389)

80.41 Calls: sanction of committee of inspection (ss 384 (3), 389)

(1) In a winding up by the Court the liquidator shall, for the purpose of obtaining the sanction of the committee of inspection under section 389 (2) (a) of the Code--
(a) convene a meeting of the committee by serving notice in Form 143 on every member of the committee so as to reach him not later than seven days before the date appointed for the meetings,
(b) serve on every member of the committee, with the notice mentioned in paragraph (a), a statement in Form 144, and
(c) publish notice of the meeting in Form 145 once in the Government Gazette and once in a prescribed newspaper or as the Court may direct.
(2) The committee shall, before sanctioning the proposed call, consider representations (if any) made by any contributory to the liquidator or any member of the committee in writing before or at, or orally at, the meeting.
(3) A resolution of the committee of inspection sanctioning a call may be in Form 146.
cf CR 1968, r 145 (1).