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IBC Regulations

Regulations 28. Notice for meetings of the committee.—

(1) A meeting of the committee shall be convened by giving not less than three days‘ notice in writing to every participant, at the address provided to the resolution professional by the creditor.

(2) The committee may reduce the notice period from three days to such other period of not less than twenty-four hours, as it deems fit:

Provided that the committee may reduce the period to such other period of not less than forty-eight hours if there is any authorised representative in the committee.

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