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This proxy form is used by creditors of Voermol Feeds Proprietary Limited to appoint a proxy for the 151 Meeting convened under Section 151 of the Companies Act. It outlines the procedure for appointing a proxy, providing options for the proxy\'s selection and voting on the Business Rescue Plan.
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How to fill out proxy form for creditors
How to fill out proxy form for creditors
01
Obtain the proxy form from the appropriate authority or organization.
02
Read the instructions provided with the form carefully.
03
Fill in the creditor's details, including name, address, and account number.
04
Provide the name and contact information of the individual being authorized as a proxy.
05
Indicate the specific powers and limitations granted to the proxy.
06
Sign and date the form to validate it.
07
Submit the completed form to the relevant creditors or organization by the specified deadline.
Who needs proxy form for creditors?
01
Creditors who are unable to attend meetings or vote on their financial matters personally.
02
Individuals seeking to authorize someone else to act on their behalf during creditor meetings.
03
Business entities needing to designate representatives for handling creditor-related decisions.
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What is proxy form for creditors?
A proxy form for creditors is a document that allows a creditor to authorize another individual or entity to represent them in meetings or decisions related to the management of a debtor's bankruptcy or insolvency proceedings.
Who is required to file proxy form for creditors?
Creditors who wish to participate in the decision-making process during bankruptcy or insolvency proceedings are required to file a proxy form.
How to fill out proxy form for creditors?
To fill out a proxy form for creditors, one must provide the creditor's details, specify the authorized individual's information, and outline the scope of authority granted in the proxy.
What is the purpose of proxy form for creditors?
The purpose of a proxy form for creditors is to ensure that creditors can delegate their voting rights or decision-making authority to a trusted representative during meetings concerning the debtor's financial situation.
What information must be reported on proxy form for creditors?
The proxy form must report the creditor's name, contact information, a description of the creditors' claim, the name of the proxy, and the specific authority being granted.
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