We're unsecured creditors of a company in liquidation and have been invited to present our proof of debt and to attend the creditors meeting.
We wont be able to attend and are considering assigning our proxy vote to the liquidator. Is there any sense in this or do we leave it as a no vote?
I'd assume that similar rules apply to those for company meetings and you can instruct the proxy how to vote.
Thanks for the suggestion.
No agenda posted as yet but I'm guessing a proposal will be put to the meeting and then to a vote so we may not know the details before the meeting. I'll contact the liquidator though to see if we can find out in advance.
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