1. The Trustee shall call the creditors to approve the liquidation and distribution plan pursuant to a notice containing the date and place of the meeting, provided that the meeting is held not later than (30) thirty days from the date of notification of the representative of the Creditors' Committee and the members of the committee or creditors of the plan and its attachments. 2. The Trustee shall chair the meeting, and with the approval of the required majority, any of the creditors or third parties may be assigned to chair the meeting, where there are justifications for the same. 3. The Trustee shall serve the notice within the deadline stipulated in Clause (1) of this Article to the Unit, where the debtor is supervised by the regulatory authority. In the event that the Trustee refrains from holding the meeting as stipulated in Clause (1) of this Article, the Bankruptcy Court shall, based on a motion submitted thereto by any of the creditors or the Unit, where the debtor is supervised by the regulatory authority, call for a meeting of creditors. The head of the Bankruptcy Department or his delegate shall chair the meeting.
Interpretation and application must be checked against the official text and current version.