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of <h1>NFRA meeting procedures: Chairperson's Rule 4 power to set process when rules are silent, with written reasons</h1> Rule 4 confers a residuary procedural power on the chairperson for meetings convened for transaction of business under the National Financial Reporting Authority (Meeting for Transaction of Business) Rules, 2019. Where any situation or procedural contingency is not provided for in the rules, the chairperson may determine and prescribe the procedure to be followed for that particular case, subject to recording reasons in writing, thereby ensuring continuity of meeting proceedings in unregulated circumstances.
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