TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Secured Creditor Voting Without Security Surrender: Liquidator Has 15 Days to Act; Tribunal May Enforce Terms</h1> When a secured creditor votes at a creditors' meeting without surrendering their security, the liquidator has fifteen days to require the creditor to relinquish the security for the general benefit of all creditors, upon payment of the estimated value. If necessary, the liquidator may seek a Tribunal order to enforce this. The Tribunal can allow the creditor to adjust their valuation before surrendering the security, subject to terms regarding costs as deemed appropriate by the Tribunal.
TaxTMI 
TaxTMI 
