(1) Each creditor is entitled to –
(a) notice of each Court proceeding, decision, meeting or other relevant event concerning the corporate rescue proceedings; and
(b) participate in any Court proceedings arising during the corporate rescue proceedings; and
(c) formally participate in a company’s corporate rescue proceedings to the extent provided for in this Part; and
(d) informally participate in those proceedings by making proposals for a corporate rescue plan to the corporate rescue practitioner.

(2) In addition to the rights set out in subsection (1), each creditor has –
(a) the right to vote to amend, approve or reject a proposed corporate rescue plan, in the manner contemplated in section 144; and
(b) if the proposed corporate rescue plan is rejected, a further right to –
(i) propose the development of an alternative plan, in the manner contemplated in section 145; or
(ii) present an offer to acquire the interests of any or all of the other creditors in the manner contemplated in section 145.

(3) The creditors of a company are entitled to form a creditors’ committee, and through that committee are entitled to be consulted by the corporate rescue practitioner during the development of the corporate rescue plan.

• According to the Insolvency Act [Chapter 6:07]. PART XXIII: Corporate Rescue