Qouram of a meeting??
This query is : Resolved
Zakir Husain
(Querist)
03 April 2012
Sir undr sec 87(2)(b) of the companies act 1956,it is said that cumulative pref share holders are entitled to attend n vote in a general meeting of a company if prf dvdnd is in arear for more than 2 years....so my qust is will they constitute the qouram in this meeting??
03 April 2012
Their presence will be taken into account for the purpose of quorum only in respect of those items of business wherein they have a right to vote.
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Ajay Mishra
(Expert)
03 April 2012
Agree with Sir....
07 April 2012
I agree with the expert
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