Companies Act 2016 · Updated to 31 Jan 2025 · Chapter III
399. Summoning of meetings
Feedback & support(1)
Where a moratorium is in force, the nominee shall summon a meeting of the company and a meeting of its creditors at the time, date and place as the nominee thinks fit within the period specified in the Eighth Schedule.
nominee
Defined · s 394
“nominee” means any person who is qualified to be appointed as an insolvency practitioner whose powers and duties shall include the powers and duties specified in the Seventh Schedule;
(2)
Every creditor of the company of whose claim and address the nominee is aware shall be summoned to the creditors’ meeting under this section.
(3)
A meeting summoned under this section shall be conducted in accordance with the rules of meeting under Division 5 of Part III.