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of <h1>Individuals Have One Month to Vote on Compromise Scheme Under Rule 9; Voting Options Include Proxy and Electronic.</h1> Under Rule 9 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, individuals receiving notice of a meeting regarding a scheme of compromise and arrangement have one month to vote. Voting can be done in person, by proxy, postal ballot, or electronically. Shareholding refers to the voting rights of members entitled to vote, while outstanding debt is defined as the company's debt to creditors, based on the latest audited financial statement or a provisional statement if the audited one is older than six months.
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