26. Voting by proxy.
(1) A creditor, who is entitled to vote, shall be entitled to appoint an individual as a proxy, who shall not be an associate of the bankrupt, to attend and vote on behalf.
(2) For the purpose of sub-regulation (1), a creditor shall deliver , duly completed to the bankruptcy trustee at least twenty-four hours prior to the meeting of committee.
(3) A proxy may vote by electronic means on behalf of the creditor.
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Substituted vide Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) (Second Amendment) Regulations, 2026 dated 01.06.2026. To view the notification, Click Here