eVoting for IRPs under IBC
A tested, certified and audit-ready eVoting platform for Insolvency Professionals conducting Committee of Creditors voting under the Insolvency and Bankruptcy Code.
Book a demo Explore FeaturesThe Insolvency and Bankruptcy Board of India (IBBI) has made it mandatory for Insolvency Professionals (Interim Resolution Professionals (IRPs) / Resolution Professionals (RPs) / Authorized Representatives (AR)) to provide eVoting facility to creditors (bankers, operational creditors, home buyers) in insolvency / bankruptcy cases under NCLT (National Company Law Tribunal).
The Insolvency and Bankruptcy Code (IBC) along with provision relating to online voting is available here: Notifications
Whether it is the auction of wheat, rice, maize, cotton, soybean, tea, coffee, spices, horticulture produce, warehouse commodities or bulk agricultural stocks, Right2Vote helps organisations conduct legally compliant and highly transparent online agricultural auctions while maximizing participation and improving price realisation.
Why you should choose Right2Vote's eVoting platform for IBC cases:
- Tested and certified by Government of India
- Feature rich, flexible and easy to use platform
- Used and loved by hundreds of Resolution Professionals
- Cost effective
- On call and email support
Certified and Approved by Government of India
Right2Vote Online Voting platform is one of the very few online voting platforms in the country which is tested and certified for both security and quality by Standardization Testing and Quality Certification (STQC) Directorate under Ministry of Electronics and Information Technology (MEITY), Government of India.
It is also approved eVoting agency by Ministry of Corporate Affairs (MCA), Government of India.
Key Features of Right2Vote Agriculture eAuction Platform
Secure Online Bidding
Right2Vote provides a highly secure online bidding environment designed for agricultural commodity auctions. Advanced security protocols, encrypted communication channels, secure authentication mechanisms and controlled buyer access ensure that every auction remains protected from unauthorized activities. Sellers and buyers can participate confidently knowing that commodity information, bidding activities and participant data are safeguarded throughout the auction process.
Real-Time Auction Engine
The platform is powered by a real-time auction engine that enables buyers to place bids instantly while monitoring live auction activity. Participants receive immediate bid updates, allowing them to make informed decisions and compete effectively. Auction administrators can oversee the entire process in real time, ensuring transparency and efficient auction management.
Multi-Commodity Auction Management
Organisations often need to auction multiple agricultural commodities simultaneously. Right2Vote allows administrators to manage grains, pulses, oilseeds, fruits, vegetables, spices, cotton, tea, coffee and warehouse stocks through a centralized dashboard. This helps simplify operations while improving auction efficiency.
Benefits of Right2Vote Agriculture eAuction Platform
Benefits for Farmers
Farmers benefit through:
- Better price realization
- Wider buyers participation
- Transparent bidding process
- Reduced dependence on intermediaries
- Faster sale of produce
- Improved market access
- Fair competition among buyers
- Digital transaction records
Benefits for Farmer Producer Organisations (FPOs)
FPOs benefit through:
- Transparent disposal procedures
- Collective selling advantages
- Better bargaining power
- Access to national buyers
- Improved price discovery
- Simplified auction management
- Enhanced farmer returns
- Digital record keeping
- Greater market visibility
Benefits for Agricultural Cooperatives
Agricultural cooperatives benefit through:
- Efficient commodity disposal
- Transparent allocation process
- Reduced operational costs
- Better value realisation
- Wider market reach
- Improved administration
- Digital auction records
- Greater member confidence
Ready to Go Digital?
Join thousands of organizations that trust Right2Vote to conduct their elections securely and transparently.
Frequently Asked Questions
What is an agriculture eAuction?
An agriculture eAuction is an online bidding process used to buy or sell agricultural commodities through a secure digital platform.
What commodities can be auctioned on the platform?
The platform supports grains, pulses, oilseeds, cotton, fruits, vegetables, spices, tea, coffee, plantation products and warehouse stocks.
