C1C2C3Part 27Mergers and divisions of public companies

Annotations:

Chapter 4Supplementary provisions

Powers of the court

938Power of court to summon meeting of members or creditors of existing transferee company

1

The court may order a meeting of—

a

the members of an existing transferee company, or any class of them, or

b

the creditors of an existing transferee company, or any class of them,

to be summoned in such manner as the court directs.

2

An application for such an order may be made by—

a

the company concerned,

b

a member or creditor of the company, or

F1c

if the company is being wound up, the liquidator, or

d

if the company is in administration, the administrator.

F23

Section 323 (representation of corporations at meetings) applies to a meeting of creditors under this section as to a meeting of the company (references to a member being read as references to a creditor).