Applications to extend the convening period under s 439A(6) must be supported by detailed information about the company's affairs (so far as known), full details of the reasons for delay, and justification for the particular extension sought. Extensions are the exception, not the rule, but the discretion must be exercised with regard to the objects of Pt 5.3A — maximising the chances of the company continuing in existence or terminating in the most appropriate way. The wishes of creditors are relevant but not determinative.
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