Insolvency Act · s 44

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44.
Statement of proposals
(1) Where a judicial management order has been made, the judicial manager shall, within 60 days (or such longer period as the Court may allow)
after the making of the order —
(a) send to the Registrar and (so far as he is aware of their addresses) to all creditors a statement of his proposals for achieving

Insolvency 58
one or more of the purposes mentioned in section 32(2)(b) for whose achievement the order was made; and
(b) lay a copy of the statement before a meeting of the company’s creditors summoned for that purpose in not less than 14 days’ notice.
(2) The judicial manager shall also, within 60 days (or such longer period as the Court may allow) after the making of the order —
(a) send a copy of the statement (so far as he is aware of their addresses) to all members of the company; or
(b) publish a notice in a Malay and English local daily newspaper stating an address to which members of the company should request in writing for copies of the statement to be sent to them free of charge.

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s 44Statement of proposals

(1)

Where a judicial management order has been made, the judicial manager shall, within 60 days (or such longer period as the Court may allow)

after the making of the order —

(a)

send to the Registrar and (so far as he is aware of their addresses) to all creditors a statement of his proposals for achieving

Insolvency 58

one or more of the purposes mentioned in section 32(2)(b) for whose achievement the order was made; and

(b)

lay a copy of the statement before a meeting of the company’s creditors summoned for that purpose in not less than 14 days’ notice.

(2)

The judicial manager shall also, within 60 days (or such longer period as the Court may allow) after the making of the order —

(a)

send a copy of the statement (so far as he is aware of their addresses) to all members of the company; or

(b)

publish a notice in a Malay and English local daily newspaper stating an address to which members of the company should request in writing for copies of the statement to be sent to them free of charge.