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        IBC

        Regulation 24 - Voting share

        Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
        Chapter IV
        MEETINGS OF COMMITTEE AND VOTING

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        Voting share allocated proportionally to creditors' debts; secured creditors' votes depend on enforcement or relinquishment choices. Voting share is allocated in proportion to the debt owed; secured creditors who enforce security vote only on the unsecured portion, and secured creditors who relinquish security have voting share equal to the amount of debt relinquished.
                        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.

                              Voting share allocated proportionally to creditors' debts; secured creditors' votes depend on enforcement or relinquishment choices.

                              Voting share is allocated in proportion to the debt owed; secured creditors who enforce security vote only on the unsecured portion, and secured creditors who relinquish security have voting share equal to the amount of debt relinquished.


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