COMPANIES AND ALLIED MATTERS ACT, 2020
Section 487: Creditors’ meeting.
(1) Subject to this Part, the administrator shall summon a meeting of the creditors of the company to be known as “creditors’ meeting”—
(a) in the prescribed manner; and
(b) giving the prescribed period of notice to every creditor of the company of whose claim and address he is aware.
(2) A period prescribed under subsection (1) (b) may be varied in accordance with section 546 of this Act.
(3) A creditors’ meeting shall be conducted in accordance with the prescribed rules.
Cite this section
Section 487, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).
https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/487/