Amendment status not verified — confirm the current text below against the official source.
(1) No business shall be transacted at any meeting of the market committee unless- (a) such meeting is called by the Secretary, under the direction of the Chairman or on a requisition by the members as prescribed, and (b) there is a quorum. (2) The quorum referred to in sub-section (1) shall be one-third of the total number of members of the market committee. If at any meeting there is no quorum, the meeting shall stand adjourned to some future day to be appointed by the Chairman or any member who may preside at the meeting, as the case may be. The members a present at such adjourned meeting shall form a quorum whatever their number may be.