The Energy Supply Company Administration Rules 2013 No. 1046

PART 4 U.K. Meetings and reports

CHAPTER 1 U.K. Creditors' meetings

Secured creditors U.K.

27.  At a meeting of creditors a secured creditor is entitled to vote only in respect of the balance (if any) of the creditor's debt after deducting the value of the creditor's security as estimated by the creditor.