QLDIn ForceAct
Co-operatives National Law (Queensland)
sec.417Results of 2 or more meetings
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sec.417 Results of 2 or more meetings
If the Supreme Court orders 2 or more meetings of creditors to be held in relation to a proposed compromise or arrangement— the meetings are taken to form a single meeting; and the votes in favour of the proposed compromise or arrangement cast at each of the meetings are to be totalled; and the votes against the proposed compromise or arrangement cast at each of the meetings are to be totalled.
- (a) the meetings are taken to form a single meeting; and
- (b) the votes in favour of the proposed compromise or arrangement cast at each of the meetings are to be totalled; and
- (c) the votes against the proposed compromise or arrangement cast at each of the meetings are to be totalled.