COMPANIES ACT 1963 – SECT 232 Meetings of creditors and contributories to determine whether committee of inspection should be appointed.

232.—(1) When a winding-up order has been made by the court, the liquidator shall if the court by order so directs summon a meeting of the creditors of the company or separate meetings of the creditors and contributories of the company for the purpose of determining whether or not an application is to be made to the court for the appointment of a committee of inspection to act with the liquidator and who are to be the members of the committee if appointed.

(2) The court may make any appointment and order required to give effect to any such determination, and if there is a difference between the determinations of the meetings of the creditors and contributories in respect of the matters aforesaid, the court shall decide the difference and make such order thereon as the court may think fit.