Full legislation
s.117
Costs of calling meeting
The costs of summoning a meeting of creditors or contributories at the instance of any
person other than the Official Receiver or liquidator shall be paid by the person at whose
instance it is summoned who shall before the meeting is summoned deposit with the Official
Receiver or liquidator (as the case may be) such sum as may be required by the Official
Receiver or liquidator as security for the payment of such costs. The costs of summoning
such meeting of creditors or contributories, which shall be deemed to include all
disbursements for stationery, printing and postage within Hong Kong shall be $1,440. Any
charge for hiring a room outside the Official Receiver’s Office by reason of the large
number of creditors or contributories shall be additional to the said sum.
(
L.N. 170 of 1997
)
The said costs, including the costs of summoning a meeting under
section
670
of the Companies Ordinance (
Cap. 622
) and of
complying with the requirements of
section 671
of the Companies Ordinance (
Cap. 622
) in respect of such meeting, shall be repaid out of the
assets of the company if the court shall by order or if the creditors or contributories (as
the case may be) shall by resolution so direct. This rule shall not apply to meetings
summoned under
section 241
or summoned for the purposes of
section
245(b)
of the Ordinance.
(
L.N. 201 of
1984
;
14 of 2016 s. 155
)