Practice question
Under section 97, creditors holding what proportion of liabilities must be present to hold the meeting?
- One-tenth
- One-quarter
- One-half exactly
- At least three-fifths
- Every creditor without exception
Legal references
- https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html — RA 10142, sections 94–102
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