CTHRepealedAct
Bankruptcy Act 1924
Meeting of creditors.Meeting of creditors.
Start here
Get a plain-English read of Meeting of creditors.
Turn the raw legal text into a practical explanation grounded in Bankruptcy Act 1924.
### Meeting of creditors.
Cf. S. A., s. 262.
W.A. 1898, s. 4.
157.—(1.) A meeting of creditors under this Part may be called by a debtor, his solicitor, or agent, by circulars delivered at or posted to the residence or place of business of each of the creditors not less than three nor more than twenty-one days before the day of meeting or by advertisement as is prescribed.
(2.) The meeting shall be held at a time and place convenient to the majority in value of the creditors.