Practice question
For class approval under Section 64, what voting measure applies?
- A majority of names regardless of claims
- Holders of more than 50 percent of total claims in the class voting in favor
- Exactly one creditor in every class
- Only the debtor's relatives
- Every shareholder's personal preference
Legal references
- RA 10142, Section 64: https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html
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