Voting by Electronic or Magnetic Means Article 557 The exercise of voting rights by electronic or magnetic means is effected by using electronic or magnetic means to provide the Convener with the information that is required to be entered in the Voting Form no later than the time prescribed by Ministry of Justice Order, with the approval of the Convener and pursuant to the provisions of Cabinet Order.
In cases where the Agreement Claim Creditors are the persons who gave consent under Article 549, paragraph (2), the Convener may not refuse providing the approval under the preceding paragraph without justifiable grounds.
Voting rights holders who exercised the voting rights by electronic or magnetic means pursuant to the provisions of paragraph (1) are deemed to have been present at the creditors meeting for the purpose of the application of the provisions of Article 554, paragraph (1) and Article 567, paragraph (1).