TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Creditors Can't Vote on Unliquidated Debts or Debts with Unascertained Values; Special Rules for Secured Debts Apply.</h1> Creditors are prohibited from voting on unliquidated or contingent debts, or debts with unascertained values. Additionally, creditors cannot vote on debts secured by current bills of exchange or promissory notes unless they agree to treat the liability of all parties antecedent to the LLP, who have not been adjudicated, as security. They must estimate the value of this security and deduct it from their proof for voting purposes, though this deduction does not apply to the distributable sum.
TaxTMI 
TaxTMI 
