Cost and Works Accountants Act, 1959
142. Adjournment
If within half an hour from the time appointed for the meeting,
a quorum is not present, the meeting, if convened upon a requisition from
members, shall be dissolved, and in any other case shall stand adjourned to the
same day in the next week at the same time and place; and at every such
adjourned meeting, all businesses which could properly have been transacted at
the original meeting may be transacted, whether there is the quorum or not.