TMI BlogApproval of Resolution Plan - out of 26 Homebuyers, only 19 Homebuyers voted in the matter and that in...Approval of Resolution Plan - out of 26 Homebuyers, only 19 Homebuyers voted in the matter and that in terms of Section 25-A(3-A) of the IBC, the Authorized Representative taking cognizance of the fact that 89.80% of Homebuyers voted in favour of the amended Resolution Plan, he cast his vote in favour of the amended Resolution Plan on behalf of the Creditors in class - the procedural compliance by the Resolution Professional and Authorized Representative appears to be reasonably substantial and ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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