Rights and duties of authorised representative of financial creditors [ Section 25A ]

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..... T h e authorised representative under section 21(6) or (6A) or section 24(5) shall have the right to participate and vote in meetings of the committee of creditors on behalf of the financial creditor he represents in accordance with the prior voting instructions of such creditors obtained through physical or electronic means. AR to circulate agenda [ Section 25A(2) ] .....

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..... e: AR not to vote in CoC Meeting if no instructions is received from FC [ Second Proviso ] T h e second proviso provides that if any financial creditor does not give prior instructions through physical or electronic means, the authorised representative shall abstain from voting on behalf of such creditor. Vote by AR [ Section 25A(3A) ] N o t .....

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..... from the financial creditor he represents, for voting in accordance therewith, to ensure that the appropriate voting instructions of the financial creditor he represents is correctly recorded by the interim resolution professional or resolution professional, as the case may be. E xp l a n a ti o n . - For the purposes of this section, the electronic means shall be such as may .....

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