Seanad debates

Tuesday, 17 June 2014

Companies Bill 2012: Committee Stage

 

7:10 pm

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

The purpose of the amendment is to clarify that "special majority" means a majority in number representing at least 75% in value of the creditors, class of creditors or members or class of members, as the case may, will be present and voting in person or by proxy at the scheme meeting. The section defines a number of terms for the purposes of this Part.

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