9. Voting. –

The person who receives the notice may within one month from date of receipt of the notice vote in the meeting either in person of through electronics means to the adoption of the scheme of compromise and arrangement.

Explanation. For the purpose of voting by persons who receive the notice as shareholder of creditor under this rule-

(a) “shareholding” shall mean the shareholding of the members of the class who are entitled to vote on the proposal; and

(b) “outstanding debt” shall mean all debt  owed by the company to the respective class  or classes of creditors  that remains outstanding as per the latest audited financial statement , or if such statement is more than six months old , as per provisional financial statement not preceding  the date of application by more than six months.