Being / There being

English as a Second Language English Vocabulary, Grammar and Idioms
1
  1. Being no other business, the chairman declared the meeting closed.
  2. There being no other business, the chairman declared the meeting closed.
    Are these two complex sentences correct grammatically?
2

Only #2 is correct.

3

Dozy,
I have seen a lot of sentences starting with ‘being’.
What is wrong with #1 sentence?
Please explain and guide.

4

There is no general prohibition on starting a sentence with “being”. The problem with your sentence is that the “being” clause does not modify or apply to anything else in the sentence. (In fact, it literally modifies “chairman”, so the sentence literally means that the chairman is “no other business”, which is nonsensical.)

Compare with this Googled sentence, which is correct:

“Being rich he can afford to keep buying cars and crashing them.”

In this case “being rich” modifies “he”.