Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 Chapter VII VOTING BY THE COMMITTEE
Contents
Acts
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Voting by committee establishes electronic voting procedures, finality of votes, and mandatory circulation of minutes and decisions. Regulation 25 prescribes that the resolution professional conduct committee meetings, circulate minutes electronically within forty eight hours, solicit ... Summary
Voting by committee establishes electronic voting procedures, finality of votes, and mandatory circulation of minutes and decisions.
Regulation 25 prescribes that the resolution professional conduct committee meetings, circulate minutes electronically within forty eight hours, solicit electronic votes from absent or non voting members with voting open for twenty four hours, ensure votes once cast are final, block the electronic portal at voting end, and circulate committee decisions with the names of members who voted for, against, or abstained within prescribed post voting or post meeting timeframes.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.