Section 399. Summoning of meetings

(1) Where a moratorium is in force, the nominee shall summon a meeting of the company and a meeting of its creditors at the time, date and place as the nominee thinks fit within the period specified in the Eighth Schedule.

(2) Every creditor of the company of whose claim and address the nominee is aware shall be summoned to the creditors’ meeting under this section.

(3) A meeting summoned under this section shall be conducted in accordance with the rules of meeting under Division 5 of Part III.