Easy Office
LCI Learning

One member can form a quorum

This query is : Resolved 

18 June 2015 ISSUE : There are two directors in a company holding 51% & 49% shares respectively (only directors are the members). now they want to appoint one more director. For appointing one more director they are forming a quorum, but 49% holder is not willing to attend the quorum, whether 51% holder can form a quorum and can appoint a director or not?

Please resolve me this issue

01 July 2015 No, he can not pass resolution alone. As you know, the quorum requires atleast 2 persons.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries