Committee meeting conduct: resolution professional must chair, verify participant roll call, maintain quorum, and circulate minutes promptly. Regulation 24 requires the resolution professional to chair committee meetings, conduct a roll call where each participant states name, capacity, ... Summary
Referred In :
Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
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Committee meeting conduct: resolution professional must chair, verify participant roll call, maintain quorum, and circulate minutes promptly.
Regulation 24 requires the resolution professional to chair committee meetings, conduct a roll call where each participant states name, capacity, representation, location, receipt of agenda and exclusive access when remote, announce attendees, confirm and maintain quorum, restrict access to participants or permitted persons, prepare minutes recording attendance modes and particulars, and circulate those minutes electronically to all participants within forty eight hours.
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