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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Proxy voting in committee meetings permits eligible creditors to appoint a proxy and vote electronically on their behalf. A creditor entitled to vote may appoint an individual proxy, who is not an associate of the bankrupt, to attend and vote on the creditor's behalf. The prescribed form, as notified by the Board through circular, must be duly completed and delivered to the bankruptcy trustee at least twenty-four hours before the committee 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 committee meetings permits eligible creditors to appoint a proxy and vote electronically on their behalf.
A creditor entitled to vote may appoint an individual proxy, who is not an associate of the bankrupt, to attend and vote on the creditor's behalf. The prescribed form, as notified by the Board through circular, must be duly completed and delivered to the bankruptcy trustee at least twenty-four hours before the committee meeting. A proxy may also vote by electronic means on behalf of the creditor.
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