https://www.taxtmi.com/acts?id=32529 Section 25A grants the authorised representative the right to participate and vote in committee of creditors meetings on behalf of represented financial creditors only in accordance with their prior voting instructions obtained by physical or specified electronic means. The authorised representative must circulate agenda and minutes to those creditors, file received voting instructions with the committee to ensure correct recording by the interim resolution professional or resolution professional, and must act in the creditors' interests, casting votes per each creditor's instructions to the extent of their voting share or abstaining where no instructions are given; a specified majority decision rule applies in a defined case. en-us Mon, 20 Aug 2018 15:17:17 +0530 Fri, 06 Dec 2019 15:30:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32529 Section 25A grants the authorised representative the right to participate and vote in committee of creditors meetings on behalf of represented financial creditors only in accordance with their prior voting instructions obtained by physical or specified electronic means. The authorised representative must circulate agenda and minutes to those creditors, file received voting instructions with the committee to ensure correct recording by the interim resolution professional or resolution professional, and must act in the creditors' interests, casting votes per each creditor's instructions to the extent of their voting share or abstaining where no instructions are given; a specified majority decision rule applies in a defined case. Act-Rules IBC Mon, 20 Aug 2018 15:17:17 +0530 https://www.taxtmi.com/acts?id=32529