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Rule 9: Meeting of depositors · Complied AI

Chapter 8
Rule 9

Rule 9Chapter 8

Meeting of depositors

The trustee for depositors shall call a meeting of all the depositors on-

(a)

requisition in writing signed by at least one-tenth of the depositors in value for the time being outstanding;

(b)

the happening of any event, which constitutes a default or which, in the opinion of the trustee for depositors, affects the interest of the depositors.

Rule 8 Rule 9 Rule 10