Section 80 - Order confirming the resolution

The Court may make an order confirming the resolution on the terms and conditions specified by the Court, if satisfied,

(a) with respect to every creditor of the company who under section 79 is entitled to oppose, that the consent of the creditor has been obtained or that the debt or claim of that creditor has been discharged or secured,

(b) that sections 78 and 79 have been duly complied with, and

(c) that the resolution requiring confirmation is fair and equitable.