First meeting of the committee of creditors [ Section 24(1)&(2) ]

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....(1) ] * All meetings of the committee of creditors shall be conducted by the resolution professional. [ Sub section (2) ] First meeting of the committee [ Regulation 17 ] * (1) The interim resolution professional shall file a report certifying constitution of the committee to the Adjudicating Authority within two days of the verification of claims received under regulation 12(1). * (1A) The....

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....committee as and when he considers necessary. * (2) A resolution professional may convene a meeting, if he considers it necessary, on a request received from members of the committee and shall convene a meeting if the same is made by members of the committee representing at least 33% of the voting rights. * Explanation: For the purposes of regulation 18(2) it is clarified that meeting (s) may ....