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of <h1>Regulation 15: Voting Process for Creditors in Insolvency Resolution Meetings, Ensuring Transparency and Inclusivity in Decision-Making</h1> Regulation 15 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, outlines the voting process by creditors during meetings. The resolution professional facilitates voting on agenda items, prepares and circulates meeting minutes, and seeks votes from absent creditors electronically. Voting remains open for at least 24 hours post-circulation of minutes. The resolution professional records decisions and circulates the final voting outcome to all participants within 24 hours after voting concludes, ensuring transparency and inclusivity in the decision-making process.
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