Voting on behalf of creditors in a class in the CIRP of Jaypee Infratech Limited

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....ecember, 2019 Sub: Voting on behalf of creditors in a class in the CIRP of Jaypee Infratech Limited. Several mails have been received by the Board from some financial creditors in a class, namely, homebuyers expressing confusion about the manner of voting in the context of resolution plan in the corporate insolvency resolution process of Jaypee Infratech Limited. It appears that there is 'in....

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....he minutes of the meeting received under sub-regulation (5) of the said Regulation 25, to creditors in a class and announce the voting window at least twenty-four hours before the window opens for voting instructions and keep the voting window open for at least twelve hours. Thus, the Regulations enable a creditor in a class to give voting instructions to the authorised representative at two stage....