Rule 10 - Meetings - Investor Education and Protection Fund (Awareness and Protection of Investors) Rules, 2001

Meetings ______ 10. (i) One third of the total members subject to five members in the case of meeting of committee and three members in case of sub-committee meeting shall constitute a quorum. (ii) The Chairperson of the Committee and the convener of a sub-committee, respectively, shall preside over the meetings of the Committee or the sub-committee as the case may be. In the event of the Chairperson or, as the case may be, the convener being unable to attend the meeting for any reason, the members present may elect one amongst themselves to preside over the meeting. (iii) The Chairperson of the Committee or the convener of a sub-committee may, call meeting of the Committee or a sub-committee: Provided that the Chairperson or the Convenor, as the case may be, shall also call a meeting if a requisition for that purpose is presented to him by at least five members in the case of the Committee and three members in the case of a sub-committee. (iv) At least fourteen clear days' notice indicating the time and place of the meeting shall be sent to the members of the Committee or the Sub-committee as the case may be: Provided that in case of urgency, a special meeting of the Committee or Sub-committee may be called at any time by the Chairperson or the convener, who shall inform the members at least three clear days in advance of the subject matter for consideration at the meeting and the reasons for which he considers the meeting urgent; Provided further that no other business shall be transacted at such a meeting. (v) The Chairman or the convener, as the case may be, may invite any person to attend any meeting of the Committee or sub-committee as a special invite but such person shall not be entitled to vote.