(1) An objection by a creditor or member under section 558ZC shall be set down for hearing by the relevant court as soon as may be after receipt of the objection by the relevant court.
(2) The following persons may appear and be heard at a hearing under subsection (1):
(a) the eligible company;
(b) the process adviser;
(c) any creditor or member whose claim or interest would be impaired if the rescue plan were implemented;
(d) the directors of the eligible company;
(e) any other person the relevant court considers appropriate.
(3) Any person entitled to appear and be heard at a hearing under subsection (1) shall be limited in the person’s submissions to the issues raised in any notice of objection under section 558ZC unless -
(a) an objection is upheld,
(b) the relevant court proposes to modify the rescue plan, and
(c) the High Court considers winding up the company.
(4) Where an objection is made under section 558ZC, the onus of proof shall be on the process adviser to establish tha
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