Compromise or arrangement: Tribunal-ordered class meetings may be convened with proxy voting and documents available at company office. A Tribunal order directs convening class meetings of creditors or members to consider a proposed compromise or arrangement. The notice must identify classes, set time, date and place, and state that copies of the proposal and accompanying statement are available free at the registered office or authorised representative. Entitled persons may vote in person or by proxy; proxies in prescribed form must be deposited at the registered office not later than forty eight hours before the meeting. The Tribunal appoints a chairperson, and any class approval is subject to Tribunal confirmation.
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.
Compromise or arrangement: Tribunal-ordered class meetings may be convened with proxy voting and documents available at company office.
A Tribunal order directs convening class meetings of creditors or members to consider a proposed compromise or arrangement. The notice must identify classes, set time, date and place, and state that copies of the proposal and accompanying statement are available free at the registered office or authorised representative. Entitled persons may vote in person or by proxy; proxies in prescribed form must be deposited at the registered office not later than forty eight hours before the meeting. The Tribunal appoints a chairperson, and any class approval is subject to Tribunal confirmation.
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