https://www.taxtmi.com/acts?id=12867 A committee of inspection, limited to twelve members and representing creditors and contributories in agreed proportions or as determined by the Tribunal, may inspect the liquidator's accounts at reasonable times. The committee meets as appointed or when convened by the liquidator or any member; a quorum is one third of members or two, and decisions are by majority of those present. Members may resign, become vacant on insolvency, arrangement with creditors or prolonged absence, and may be removed by ordinary resolution with notice. Vacancies are filled by the appropriate meeting summoned by the liquidator, or the Tribunal may order that a vacancy need not be filled; at least two continuing members may act. en-us Tue, 17 May 2011 16:22:17 +0530 Tue, 17 May 2011 16:22:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12867 A committee of inspection, limited to twelve members and representing creditors and contributories in agreed proportions or as determined by the Tribunal, may inspect the liquidator's accounts at reasonable times. The committee meets as appointed or when convened by the liquidator or any member; a quorum is one third of members or two, and decisions are by majority of those present. Members may resign, become vacant on insolvency, arrangement with creditors or prolonged absence, and may be removed by ordinary resolution with notice. Vacancies are filled by the appropriate meeting summoned by the liquidator, or the Tribunal may order that a vacancy need not be filled; at least two continuing members may act. Act-Rules Companies Law Tue, 17 May 2011 16:22:17 +0530 https://www.taxtmi.com/acts?id=12867