Can the Liquidator communicate directly with the creditors?

The Liquidator may communicate either individually or collectively with creditors.

The Court-appointed liquidator may call a Creditors’ Meeting to ascertain creditors’ opinions on matters relating to the winding up of the company.

High value creditors of the company may be entitled to request the liquidator to convene a Creditors’ Meeting to put forward a proposal(s) for consideration by all creditors.

If voting is required at a Creditors’ Meeting, only those creditors whose Form 55 Proof of Debt Claims have been admitted either wholly or in part by the liquidator, before the date on which the meeting is to be held, will be entitled to vote.

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