C-14 - Railway Act

Section 12 Disposition versions

1977-12-31

12. Where a compromise or arrangement is proposed between a company and its unsecured creditors or any class of them, a judge of the Superior Court of the district in which the company has its head office or chief place of business may, on application in a summary way of the company or of any such creditor, order a meeting of such creditors or class of creditors and, if the judge so determines, of the shareholders of such company, to be summoned in such manner as the judge directs.

R. S. 1964, c. 290, s. 12.