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>Secured creditors can vote on repayment plans under Insolvency and Bankruptcy Code, 2016, affecting their enforcement rights.</h1> Secured creditors have the right to participate and vote in creditor meetings concerning a repayment plan under the Insolvency and Bankruptcy Code, 2016. By voting on the repayment plan, they forfeit their right to enforce the security during the plan's duration. If they choose not to forfeit this right, they must submit an affidavit indicating that their voting pertains only to the unsecured portion of the debt, specifying its estimated value. If they vote under this condition, the secured and unsecured debts are treated separately. Secured creditors' consent is required if the repayment plan affects their enforcement rights and they do not vote.
TaxTMI 
TaxTMI 
