Companies Act (Cap. 386), article 299

299. ( 1 ) A m e e t i n g o f c r e d i t o r s or contributories may act provided there is a quorum present consisting of: (a) in the case of a creditors’ meeting, at least three creditors or all the creditor s where these number less than three; and (b) in the case of a meeting of contributories, at least three contributories, or all the contributories where these number less than three. (2) If within half an hour from the time appointed for the meeting, a quorum of creditors o r contributories, as the case m ay be, is not present or represented, the meeting shall be adjourn ed to the same day in the following week at the same time and place o r to such other day or time or place as the chairman may appoint, bu t so that the day appointed shall be n ot less than seven and not mor e than twenty-one days from the day from which the meeting was adjourned, and at such adjourned meeting the number present or represented shall form a quoru m and may act for any purpose. (3) The chairman may, with the consent of the meeting, adjourn it from time to time and from place to place, but the adjourned meeting shall be held at the same place as the original meeting unless in the resolution for adjournment another place is speci fied or unless the court otherwise orders. (4) The chairman shall cause minutes of the proceedings of meetings to be drawn up and properly entered in a book kept for that purpose and the minutes shall be signed by him. (5) A list of creditors and contributories present at every meeting shall be made and kept i n such form as the chairman may deem appropriate or as may be prescribed. COMP ANIES [CAP. 386. 183 Notice of resignation or removal of liquidator. Amended by: XXIV .1995.362.