- Revote will continue to be approved by the Singapore Court after overturning its June 2025 decision.
- The vote began on July 30th and ended on August 6th, with results validated by an independent evaluator.
- If approved, creditor repayment and Wazirx restart will begin within 10 business days of ratification.
In a recent announcement about Wazirx’s ongoing revival efforts, creditors will again vote for the revised arrangement scheme. The voting window confirmed via X will begin at 7:30pm on July 30th and end at 7:30pm on August 6th.
The Revoting timeline is here
A revised version of the revised deployment scheme will take place during:
July 30th, 7:30pm – August 6th, 7:30pm
If a majority of required creditors vote again for this scheme, distribution of tokens starts with 10 businesses…pic.twitter.com/cjm977z5cg
– Wazirx: India Ka Bitcoin Exchange (@wazirxindia) July 23, 2025
This new vote follows a recent court ruling allowing Zettai Pte Ltd to vote for a second time, and gives creditors another opportunity to approve a revised plan that could lead to a restart of the Crypto Platform and repayment of creditors.
Singapore High Court allows for rebellion after June ruling is revoked
As recently reported by the Blockchain Reporter, the Singapore High Court granted Zettai’s permission to advance new votes after revoking its previous decision dated June 4, 2025. The lawsuit comes after Zettai presented a new legal argument. As a result, Zettai’s moratorium was extended until September 16, 2025, allowing more time to implement the amendment plan without legal disruption.
Prior to the voting process, Zettai will release an updated arrangement scheme, along with an revised statement of explanation. These documents provide detailed revisions and provide creditors with clear insight into updated rescue strategies. Live Town Hall sessions will also be conducted to respond to creditor queries and clarify how new plans are expected to accelerate repayments and allow for a platform reboot.
Check the voting process and results
When voting begins on July 30th, creditors will spend a week voting. The results are then verified by an independent evaluator. After confirmation, the results will be shared with Zettai and Scheme Manager. If the required majority approves the scheme, Zettai will require ratification of the final court before beginning the next phase.
If the High Court approves final approval after the vote, Zammai India, the Indian division of Zettai, will begin distributing the funds. The initial distribution takes place within 10 business days after the scheme is enabled. This illustrates key steps in returning funds to affected creditors and in getting WajiRux to work.
Zettai was keen to observe that the scheme could not function and be complete on the platform without the agreement of the creditors. This Revote is the final step to helping Wazirx resume and implement a plan to repay it to its creditors. If approved, Zettai can speed up platform funding and reboots with stage-by-stage sanity.
