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Home Acts & Rules Insolvency and Bankruptcy Regulation Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016 Chapters List Chapter VII VOTING BY THE COMMITTEE This
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Regulation 26 - Voting through electronic means. - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016

Extract

..... Voting through electronic means. 26. (1) The resolution professional shall provide each member of the committee the means to exercise its vote by either electronic means or through electronic voting system in accordance with the provisions of this Regulation. Explanation- For the purposes of these Regulations- (a) the expressions ''voting by electronic means'' or ''electronic voting system'' means a "secured system" based process of display of electronic .....

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Regulation 26 - Voting through electronic means. - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016

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..... or or against the decision, or abstained from voting. (5) The resolution professional shall circulate a copy of the record made under sub-regulation (4) to all participants by electronic means within twenty four hours of the conclusion of the voting. ******** Notes 1. Omitted vide Notification No. IBBI/2018-19/GN/REG031 dated 03-07-2018 before it was read as "(2) Once a vote on a resolution is cast by a member of the committee, such member shall not be allowed to change it subsequently.&quo .....

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Regulation 26 - Voting through electronic means. - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016

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