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    <title>Procedure when secured creditor votes without surrendering security.</title>
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    <description>Liquidator may require a secured creditor who voted based on his valuation to give up the security for creditors&#039; benefit on payment of that valuation; the liquidator may apply to the Court to compel surrender, and the Court may allow correction of the valuation before surrender upon terms as to costs.</description>
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    <pubDate>Tue, 31 May 2011 13:53:33 +0530</pubDate>
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      <title>Procedure when secured creditor votes without surrendering security.</title>
      <link>https://www.taxtmi.com/acts?id=14027</link>
      <description>Liquidator may require a secured creditor who voted based on his valuation to give up the security for creditors&#039; benefit on payment of that valuation; the liquidator may apply to the Court to compel surrender, and the Court may allow correction of the valuation before surrender upon terms as to costs.</description>
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      <pubDate>Tue, 31 May 2011 13:53:33 +0530</pubDate>
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