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quorum
if two third or more no of directors attend or interested for board meeting and atleast 2 of the directors are not interested then in this case 2 not interested directors become quorum. so it stand still the board meeting?
Replies (1)
Yes, in case of interested Directors is 2/3rd or more the remaining Directors consider valid no. of Quorum subject to conditions that such Quorum shall be not less than 2 & present till conclusion of such Meeting.
Means minimum 2 Directors should convey Board Meeting.
Means minimum 2 Directors should convey Board Meeting.
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