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[Cites 0, Cited by 0] [Section 497] [Entire Act]

Union of India - Subsection

Section 497(4) in The Companies Act, 1956

(4)If a quorum is not present at the meeting aforesaid, the Liquidator shall, in lieu of the return referred to in sub-section (3), make a return that the meeting was duly called and that no quorum was present thereat.Upon such a return being made within one week after the date fixed for the meeting, the provisions of sub-section (3) as to the making of the return shall be deemed to have been complied with.