Law of Joint-Stock Companies And Other Associations

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8, in the schedule hereto, with such variations as the circumstances of the case may require.
17. Any creditor settled on the said list whose debt or claim has not, before the hearing of the petition, been dis- charged or determined, or been secured in manner provided by the 14th section of the said act, and who has not, before 406 The Companies Act, 1867.
the hearing, sig^ned a consent to the proposed reduction of capital, may, if he think fit, upon giving two clear days' notice to the solicit
...or of the Company of his intention so to do, appear at the hearing of the petition and oppose the application.
18. Where a creditor who appears at the hearing under the last preceding rule, is a creditor the full amount of whose debt or claim is not admitted by the Company, and the validity of such debt or claim has not been inquired into and adjudicated upon under section 14 of the said act, the costs of and occasioned by his appearance shall be dealt with as to the court shall seem just, but in all other cases a creditor appearing under the last preceding rule shall be entitled to the costs of such appearance, unless the court shall be of opinion that in the circumstances of the particular case his costs ought not to be allowed.


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