TMI BlogFirst meeting of the committee of creditors [ Section 24(1)&(2) ]X X X X Extracts X X X X X X X X Extracts X X X X ..... onic means as may be specified. [ Sub section (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 ver ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Regulation -18 ] (1) A resolution professional may convene a meeting of the 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. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by giving not less than five days notice in writing to every participant, at the address it has provided to the interim resolution professional or the resolution professional, as the case may be, and such notice may be sent by hand delivery, or by post but in any event, be served on every participant by electronic means in accordance with Regulation 20. Reduce the period of notice ..... X X X X Extracts X X X X X X X X Extracts X X X X
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