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of <h1>Rule 55: Chairman Can Adjourn Creditor Meetings with Consent; Venue Must Remain Unless Otherwise Directed.</h1> Rule 55 of the Companies (Winding Up) Rules, 2020, allows the chairman of a meeting involving creditors or contributories to adjourn the meeting with their consent. The adjourned meeting must take place at the same location as the original unless the resolution specifies a different venue or the Tribunal orders otherwise.
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