69.
Directions at hearing of summons.- Upon the hearing
of the summons or any adjourned hearing thereof, the Judge
shall, unless he thinks fit for any reason to dismiss the
summons, give such directions as he may think necessary in
respect of the following matters :-
(1) determining the class or classes of
creditors and/or of members whose meeting or meetings have
to be held for considering the proposed compromise or arrangement
;
(2) fixing the time and place of such meeting
or meetings ;
(3) appointing a Chairman or Chairmen for
the meeting or meetings to be held, as the case may be ;
(4) fixing the quorum and the procedure
to be followed at the meeting or meetings, including voting
by proxy ;
(5) determining the values of the creditors
and/or the members, or the creditors or members of any class,
as the case may be, whose meetings have to be held ;
(6) notice to be given of the meeting or
meetings and the advertisement of such notice ;
(7) the time within which the Chairman
of the meeting is to report to the Court the result of the
meetings ; and such other matters as the Court may deem necessary.
The order made on the summons shall be in Form No. 35 with
such variations as may be necessary. |
