Law library · Sierra Leone · The Companies Act, 2009
Section 470, The Companies Act, 2009
In forceThe Companies Act, 2009, Sierra Leone
(1) The court may– (a) as to all matters relating to the winding up of
a company, have regard to the wish of the
creditors or contributories of the company,
as proved to it by any sufficient evidence;
(b) if it thinks fit, for the purpose of ascertaining
those wishes, direct meetings of the creditors
or contributories to be called, held and
conducted in such manner as the court
directs, and may appoint a person to act as
chairman of such meeting and to report the
result to the court.
(2) In the case of creditors, regard shall be had to the
value of each creditor’s debt.
(3) In the case of contributories, regard shall be had to
the number of votes conferred on each contributory by this Act or
the articles.
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