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of <h1>Secured Creditor Voting in Winding-Up: Surrender Security or Provide Details to Vote on Remaining Balance</h1> In the context of company winding-up proceedings, a secured creditor is permitted to vote at a creditors' meeting only if specific conditions are met. The creditor must either surrender their security or provide detailed information about the security, including its particulars, the date it was granted, and its assessed value by a registered valuer. The creditor is entitled to vote based solely on the remaining balance owed after subtracting the value of the security.
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