Chapter: 32 COMPANIES ORDINANCE
Section Num: 287 Version Date 30/06/1997
Meetings to ascertain wishes of creditors or contributories
Supplementary Powers of Court
(1) The court may, as to all matters relating to the winding up of a company, have regard to the wishes of the creditors or contributories of the company, as proved to it by any sufficient evidence, and may, if it thinks fit, for the purpose of ascertaining those wishes, direct meetings of the creditors or contributories to be called, held, and conducted in such manner as the court directs, and may appoint a person to act as chairman of any such meeting and to report the result thereof to the court.
(2) In the case of creditors, regard shall be had to the value of each creditor's debt.
(3) In the case of contributories, regard shall be had to the number of votes conferred on each contributory by this Ordinance or the articles.
[cf. 1929 c. 23 s. 288 U.K.]