Voting on compromise and arrangement schemes: one month to vote in person, by proxy, postal ballot or electronic means. Votes on a proposed scheme of compromise and arrangement must be cast within one month of receipt of the notice, either in person, by proxy, by postal ballot or by electronic means. 'Shareholding' for voting means the shareholding of members of the class entitled to vote. 'Outstanding debt' means all debt owed to the creditor class as shown in the latest audited financial statement, or if that statement is more than six months old, in a provisional financial statement not preceding the application date by more than six months.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Voting on compromise and arrangement schemes: one month to vote in person, by proxy, postal ballot or electronic means.
Votes on a proposed scheme of compromise and arrangement must be cast within one month of receipt of the notice, either in person, by proxy, by postal ballot or by electronic means. "Shareholding" for voting means the shareholding of members of the class entitled to vote. "Outstanding debt" means all debt owed to the creditor class as shown in the latest audited financial statement, or if that statement is more than six months old, in a provisional financial statement not preceding the application date by more than six months.
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