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of <h1>Regulation 26 mandates electronic voting for insolvency resolution, ensuring secure, documented, and timely communication of decisions.</h1> Regulation 26 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 mandates that the resolution professional must enable committee members to vote electronically. This involves a secure system for displaying electronic ballots, recording votes, and ensuring cyber security. At the end of the voting period, the portal is blocked, and the resolution professional must document and announce the decision, including member votes. This record must be circulated electronically to all participants within 24 hours. Certain provisions regarding vote changes and authorized representatives have been omitted or modified by subsequent notifications.
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