(1) Every creditor mentioned in the list under section 132 or his proxy shall be entitled to vote in respect of the resolutions in the meeting of the creditors in accordance with the voting share assigned to him.
(2) The resolution professional shall determine the voting share to be assigned to each creditor in the manner specified by the Board.
(3) A creditor shall not be entitled to vote in respect of a debt for an un liquidated amount.
(4) The following creditors shall not be entitled to vote under this section, namely:-
(a) creditors who are not mentioned in the list of creditors under section 132 and those who have not been given a notice by the bankruptcy trustee;
(b) creditors who are associates of the bankrupt.
Insolvency and Bankruptcy Code 2016
Section 131 Registration of claims
Section 132 Preparation of list of creditors
Section 133 Summoning of meeting of creditors
Section 134 Conduct of meeting of creditors
Section 135 Voting rights of creditors
Section 136 Administration and distribution of estate of bankrupt
Section 137 Completion of administration