Question

what is quorum? state the provisions as per companies act?​

Answer 1

Explanation:

Quorum is the minimum number of directors that is considered to be necessary to conduct a Board meeting. Board meetings cannot be held without the requisite minimum quorum present. However, a Board meeting can have a higher quorum than the minimum requirement. A minimum quorum is one-third of the total strength of directors or 2 directors whichever is higher. A board meeting can take place only if the quorum is present and any decision taken in a Board meeting without the presence of a Quorum would be void. The quorum includes the directors who are participating in the Board

Answer 2

Answer:

The quorum for a board meeting..

Explanation:

section 174 of the ACT provides the quorum for a board meeting.. section 174 (1) states: the quorum for the board meeting must be 1/3 of the total number of directors or 2 directors whichever is the higher number.....