Section 314 — Court may ascertain wishes of creditors or contributories

(1)
In all matters relating to the winding up of a company, the Court may–

(a) have regard to the wishes of creditors or contributories of the
company, as proved to it by any sufficient evidence in a manner as
provided under this Act;
(b) if it thinks fit for the purpose of ascertaining their wishes, order
meetings of the creditors or contributories to be called, held and
conducted in such manner as may be directed; and
(c) appoint a person to act as chairman of any such meeting and to
submit a report in this regard.
(2) While ascertaining the wishes of creditors or contributories under
sub-section (1), regard shall be had to the value of each debt of the creditor or the
voting power exercised by each contributory, as the case may be.
OFFICIAL LIQUIDATORS