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Winding Up Rules Rule 56
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The Companies (Winding Up) Rules, 2020

Rule 56 Quorum

Chapter
IV · Meetings of Creditors and Contributories
Text as on
14 August 2026
56. Quorum.- A meeting may not act for any purpose except for adjournment thereof unless there are present or represented thereat in the case of a creditors' meeting at least three creditors entitled to vote or in the case of a meeting of contributories at least three contributories or all the creditors entitled to vote or all the contributories if the number of creditors entitled to vote or the number of contributories, as the case may be does not exceed three.