Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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of <h1>Voting on compromise and arrangement schemes permits notice recipients to vote within one month by proxy, postal, or electronic means.</h1> Rule prescribes that a person who receives notice may, within one month of receipt, vote on a scheme of compromise and arrangement in the meeting in person, by proxy, by postal ballot, or by electronic means; the right to vote attaches to recipients as shareholders or creditors. 'Shareholding' is defined as the shareholding of the members of the class entitled to vote on the proposal, and 'outstanding debt' is defined as all debt owed to the creditor class outstanding as per the latest audited financial statement or, if over six months old, a provisional financial statement not older than six months before the application date.
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