Section 11

Where the nominee under section 8(4) is not the liquidator or judicial manager, and it has been reported to the Court that such meetings as are mentioned in section 10(2) should be summoned, the nominee making the report shall (unless the Court otherwise directs) summon those meetings for the date, time and place proposed in the report.

Where the nominee is the liquidator or judicial manager, he shall summon meetings of the company and of its creditors to consider the proposal for such a date, time and place as he thinks fit.

The persons to be summoned to a meeting of the company’s creditors under this section are every creditor of the company of whose claim and address the nominee summoning the meeting is aware.

Consideration and implementation of proposal