Authorised representative voting: authorised representatives cast votes on behalf of financial creditors under prescribed statutory voting procedures. Regulation 25A empowers an authorised representative to cast votes for the financial creditor or creditors he represents in meetings of the committee; the authorised representative's vote must be exercised in accordance with the provisions that govern voting on behalf of individual financial creditors or collectively for all financial creditors he represents under the insolvency resolution regulations.
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.
Authorised representative voting: authorised representatives cast votes on behalf of financial creditors under prescribed statutory voting procedures.
Regulation 25A empowers an authorised representative to cast votes for the financial creditor or creditors he represents in meetings of the committee; the authorised representative's vote must be exercised in accordance with the provisions that govern voting on behalf of individual financial creditors or collectively for all financial creditors he represents under the insolvency resolution regulations.
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