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[7] The quorum of the meeting of Secured Creditors shall be 1(one) and Unsecured Creditors shall be 5 (five) persons present in person or through proxy.
[8] Voting by proxy is permitted provided that the proxy in the prescribed form and duly signed by the person entitled to attend and vote at the aforesaid meetings, or by his authorized representatives, is filed with the applicant Company at its registered office not later than 48 hours before the said meetings.
[9] That the value of the vote of each creditor of the Company shall be the amount as per the books of accounts of the company and where the entries in the records are disputed, the Chairman of the meetings shall determine the value for the purposes of the meetings and his decision in that behalf would be final.