Practice question
What forms the basis of creditors’ votes under Section 64?
- Their number of employees
- Their friendship with the debtor
- The volume of their pleadings
- Only their oldest invoice
- The amount of their respective claims based on the receiver’s registry of claims
Legal references
- RA 10142 (FRIA), Sections 4, 7, 9, 17-18, 31-35, 64-70 and 115-121: https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html
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