No business shall be transacted at any meeting unless a quorum of fifteen members in the case of the Corporation, five members in the case of the Standing Committee and seven members in the case of the Medical Benefit Council, is present:
Provided that if at any meeting there is not a sufficient number of members present to from a quorum, the Chairman of the Meeting may adjourn the meeting to a date not later than seven days from the date of the original meeting and it shall thereupon be lawful to dispose of the business at such adjourned meeting irrespective of the number of members attending.