(1) If the liquidator is at any time of the opinion that the company will not be able to pay its debts in full within the period stated in the declaration under section 256 he shall -
(a) summon a meeting of creditors for a day not later than the fourteenth day after the day on which he formed that opinion;
(b) send notices of the creditors' meeting to the creditors by post not less than seven days before the day on which that meeting is to be held;
(c) cause notice of the creditors' meeting to be advertised, at least ten days before the date of the meeting, once in Iris Oifigiúil and once at least in two daily newspapers circulating in the locality in which the company's principal place of business in the State was situated during the relevant period; and
(d) during the period before the day on which the creditors' meeting is to be held, furnish creditors free of charge with such information concerning the affairs of the company as they may reasonably require;
and the notice of