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Example of Voting at an CVA Creditors Meeting



£
Total PAYE Debt 22,000.00
Total VAT Debt 25,000.00
Total Unsecured Creditors 250,000.00
Employees Claims 33,000.00
Total Debt in CVA Proposal 330,000.00

Present at Creditors Meeting

PAYE 22,000.00
VAT 25,000.00
Unsecured Creditors 121,000.00
Total Votes Cast 168,000.00

In Favour 159,878.00
Reject 8,122.00

Total %age in Favour 95.17%
Toal %age Rejecting 4.83%

Proposal Accepted

YES