Dáil debates

Wednesday, 2 April 2014

Companies Bill 2012: Report Stage (Resumed)

 

10:50 am

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 154:

In page 405, line 16, after "application" to insert ", at any time,".
The purpose of the amendment is to clarify that a court may on application and at any time order a scheme of meetings of the creditors or members to be summoned in such a manner as the court directs. The court is given discretion to order scheme meetings to be summoned in such a manner as it directs. This section deals with the convening of scheme meetings by directors and the power of the court to summon such meetings.

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