Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Committee Meeting Quorum Set at 33% Under Insolvency and Bankruptcy Board of India Regulations, 2016; Flexible for Future Adjustments.</h1> A meeting of the committee under the Insolvency and Bankruptcy Board of India Regulations, 2016, is considered quorate if members representing at least 33% of the voting rights are present, either physically or via video/audio means. The committee can adjust this percentage for future meetings. If a meeting lacks quorum and no prior decision states otherwise, it automatically adjourns to the same time and place the next day. The adjourned meeting is considered quorate with the members who attend.
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