7 GCA § 50057: Agreements Rejected.
Where this section sits in the code
- Title 7: Judiciary and Civil Procedure
- Division 3 - Civil Special Proceedings
- Chapter 50: Insolvency Law
- ARTICLE 2: SUSPENSION OF PAYMENTS
The proposed agreement shall be deemed rejected if the number of creditors required for holding a meeting does not voluntarily attend thereat, or if the two majorities mentioned in § 50055(e) are not in favor thereof, even if the negative vote itself does not receive such majority.
Collected 2026-09-27T02:38:08Z. Source file · JSON