Section 274: Termination by creditors
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
274. Termination by creditors
(1) The creditors, by a resolution passed at a meeting convened under
section 275, may terminate a deed if there has occurred a material breach of
the deed that has not been rectified.
(2) The creditors may appoint a liquidator where the notice of the meeting sets out a proposed resolution that a liquidator be appointed to the company.