Vote Solicitation definition

Vote Solicitation means the formal solicitation by the Company of approval from the Scheme Creditors, who will cast their votes through the Ballot Forms.

Examples of Vote Solicitation in a sentence

  • Given that the POD Cut-Off Date will fall on 4 October 2023, and the Company and its Scheme Manager will require more time to review and announce the outcome of the Vote Solicitation before making an application pursuant to Section 71 of the IRDA for the Scheme to be sanctioned, the Company intends to make another application for the moratorium to be extended for a further period of 2 months until 9 December 2023.