Voting by authorised representative requires casting votes for represented financial creditors in accordance with governing statutory provisions in pre-pack insolvency. The authorised representative, where appointed in a pre-packaged insolvency resolution, must cast votes for each financial creditor or on behalf of all represented financial creditors, and must do so in accordance with the relevant statutory subsections governing representation and voting in the pre-pack process.
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 by authorised representative requires casting votes for represented financial creditors in accordance with governing statutory provisions in pre-pack insolvency.
The authorised representative, where appointed in a pre-packaged insolvency resolution, must cast votes for each financial creditor or on behalf of all represented financial creditors, and must do so in accordance with the relevant statutory subsections governing representation and voting in the pre-pack process.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.