Section 436 CAMA 2020

Section 436 Companies and Allied Matters Act is about Summoning of meetings. It is under Chapter 17 (Company voluntary arrangements) of the Act.

(1) A proposal may also be made where the nominee is —

(a) not the liquidator or administrator, and it has been reported to the Court that such meetings should be summoned, the person making the report shall (unless the Court otherwise directs) summon those meetings for the time, date and place proposed in the report ; and

(b) the liquidator or administrator, he shall summon meetings of the company and of its creditors to consider the proposal for such a time, date and place as he thinks fit.

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