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Part 27U.K.Mergers and divisions of public companies

Chapter 4U.K.Supplementary provisions

Powers of the courtU.K.

938Power of court to summon meeting of members or creditors of existing transferee companyU.K.

(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

[F1(c)if the company is being wound up, the liquidator, or

(d)if the company is in administration, the administrator.]

[F2(3)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).]