Section 4: Quorum

4. Quorum (1) A quorum for a meeting of creditors is present where— (a) 3 creditors who are entitled to vote or their proxies are present; or (b) where the number of creditors entitled to vote does not exceed 3, the creditors who are entitled to vote or their proxies are present. (2) Where a quorum is not present within 30 minutes after the time appointed for the meeting, the meeting is adjourned to the same day in the following week at the same time and place, or to such other date, time and place continued on page I14 – 225 [Issue 5] I14 – 224 Revised Laws of Mauritius as the chairman may appoint and if, at the adjourned meeting, a quorum is not present within 30 minutes after the time appointed for the meeting, the creditors present or their proxies are a quorum.