Quorum for related parties transaction

Swati Sharma (TRAINEE) (328 Points)

26 May 2015  

Hello Firends,

What shall be the quorum in Board meeting of Pvt. Co. to conduct Related party transaction with Subsidiary Co.

There are 7 directors in Holding Co. of which 5 are common in subsidiary Co.

What shall the qurom to pass RPT and whether all the 5 Directors of subsidiary Co. will be considered interested Director.?

Kindly guide

Regards