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28.—(1) Any meeting of creditors in SMCL administration proceedings is competent to act if a quorum is present.
(2) A quorum is at least one creditor who is—
(a)entitled to vote; and
(b)present or represented by proxy by any person (including the chair).
(3) Where at any meeting of creditors—
(a)the provisions of this Rule as to a quorum being present are satisfied by the attendance of—
(i)the chair alone; or
(ii)one other person in addition to the chair; and
(b)the chair is aware, by virtue of proofs and proxies received or otherwise, that one or more additional persons would, if attending, be entitled to vote,
the meeting must not commence until at least the expiry of 15 minutes after the time appointed for its commencement.
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