### Secured creditor. (d) For the purpose of voting a secured creditor shall, unless he surrenders his security, state in writing the particulars of his security, the date when it was given, and the value at which he estimates it, and shall be entitled to vote only in respect of the balance (if any) due to him after deducting the estimated value of his security. If he votes in respect of his whole debt he shall, in the event of a composition, deed of assignment, or bankruptcy resulting from the meeting, be deemed to have surrendered his security, unless the Court, on application, is satisfied that the omission to value the security has arisen from inadvertence; ###

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