of inspection (1) The liquidator of a company must, if so requested by a
creditor or contributory, convene separate meetings of the creditors and
contributories for the purpose of determining:
- (a)
- whether a committee of
inspection should be appointed; and
- (b)
- where a committee of inspection is to be appointed:
- (i)
- the numbers of members to represent the creditors and the contributories,
respectively; and
- (ii)
- the persons who are to be members of the committee representing creditors
and contributories, respectively.
(2) If there is a difference between the determination of the meeting of
creditors and the determination of the meeting of contributories, the Court
may resolve the difference and make such order as it thinks proper.
(3) A person is not eligible to be appointed a member of a committee of
inspection unless the person is:
- (a)
- in the case of an appointment by
creditors of the company:
- (i)
- a creditor of the company; or
- (ii)
- the attorney of a creditor of the company by virtue of a general power of
attorney given by the creditor; or
- (iii)
- a person authorised in writing by a creditor of the company to be a
member of the committee of inspection; or
- (b)
- in the case of an appointment by the contributories of the company:
- (i)
- a contributory of the company; or
- (ii)
- the attorney of a contributory of the company by virtue of a general
power of attorney given by the contributory; or
- (iii)
- a person authorised in writing by a contributory of the company to be a
member of the committee of inspection.