During a company’s business rescue proceedings, each holder of any issued security of the company is entitled to—
(a) | notice of each court proceeding, decision, meeting or other relevant event concerning the business rescue proceedings; |
(b) | participate in any court proceedings arising during the business rescue proceedings; |
(c) | formally participate in a company’s business rescue proceedings to the extent provided for in this Chapter; |
(d) | vote to approve or reject a proposed business rescue plan in the manner contemplated in section 152, if the plan would alter the rights associated with the class of securities held by that person; and |
(e) | if the business rescue plan is rejected, to— |
(i) | propose the development of an alternative plan, in the manner contemplated in section 153; or |
(ii) | present an offer to acquire the interests of any or all of the creditors or other holders of the company’s securities in the manner contemplated in section 153. |