Section 632

Where section 629 of this Act has effect, sections 640 and 641 shall apply to the winding up to the exclusion of the two last foregoing sections, as if the winding up were a creditors' voluntary winding up and not a members' voluntary winding up:

Provided that the liquidator shall not be required to summon a meeting of creditors under section 640 of this Act at the end of the first year from the commencement of the winding up, unless the meeting held under section 629 of this Act is held more than three months before the end of that year.