7 GCA § 50059: Objections to Meetings of Creditors.
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 causes for which objection may be made to the decision of the meeting shall be:
(a) Defects in the call for the meeting, in the holding thereof, and in the deliberations had thereat which prejudice the rights of the creditors;
(b) Fraudulent connivance between one or more creditors and the debtor to vote in favor of the proposed agreement;
(c) Fraudulent conveyance of claims for the purpose of obtaining a majority.
Collected 2026-09-27T02:38:08Z. Source file · JSON