Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 Chapter IV MEETINGS OF CREDITORS AND VOTING
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Proxy voting in creditor meetings permits appointment of a qualified proxy, timely filing, and electronic voting on the creditor's behalf. A creditor entitled to vote at a meeting of creditors may appoint an individual, who is not an associate of the guarantor, as a proxy to attend and vote on its behalf. The proxy appointment must be made in the form notified by the Board through circular and delivered to the resolution professional at least twenty-four hours before the meeting. A proxy may also vote by electronic means on behalf of the creditor.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Proxy voting in creditor meetings permits appointment of a qualified proxy, timely filing, and electronic voting on the creditor's behalf.
A creditor entitled to vote at a meeting of creditors may appoint an individual, who is not an associate of the guarantor, as a proxy to attend and vote on its behalf. The proxy appointment must be made in the form notified by the Board through circular and delivered to the resolution professional at least twenty-four hours before the meeting. A proxy may also vote by electronic means on behalf of the creditor.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.