Calls by liquidator
73.  The powers and duties of the Court in relation to making calls upon contributories conferred by section 281(2) of the Act shall be exercised by the liquidator as an officer of the Court subject to the following provisions:
(a)where the liquidator desires to make any call on the contributories or any of them for any purpose authorised by the Act, he may summon a meeting of the committee of inspection, if any, for the purpose of obtaining their sanction to the intended call;
(b)the notice of the meeting set out in Form 38 in the First Schedule shall be sent to each member of the committee of inspection in sufficient time to reach him not less than 7 days before the day appointed for holding the meeting, and shall contain a statement of the proposed amount of the call and the purpose of which it is intended;
(c)the notice of the intended call and the intended meeting of the committee of inspection in Form 39 set out in the First Schedule shall also be published in the Gazette and advertised stating the time and place of the meeting of the committee of inspection and that each contributory may either attend the meeting and be heard, or make any communication in writing to the liquidator or members of the committee of inspection to be laid before the meeting in reference to the intended call;
(d)at the meeting of the committee of inspection any statement or representations made either to the meeting personally or addressed in writing to the liquidator or members of the committee by any contributory shall be considered before the intended call is sanctioned;
(e)the sanction of the committee shall be given by resolution in Form 40 set out in the First Schedule which shall be passed by a majority of the members present; and
(f)when there is no committee of inspection the liquidator shall not make a call without obtaining the leave of the Court.