Chapter-5 Liquidation of Company

Section 43: To call meeting of creditors

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1) The liquidator shall, prior to preparing his or her report pursuant to Section 42 and thereafter from time to time as per necessity, call a meeting of creditors of the company.

2) A meeting of creditors shall be called pursuant to sub-section (1) by fulfilling the requirements set forth in sub-sections (2) and (3) of Section 21.

3) The liquidator shall chair the meeting of creditors.

4) The provisions of Section 24 shall apply mutatis mutandis to the other matters relating to the meeting of creditors.

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Section 43: To call meeting of creditors

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