Quorum
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 May 2012
In a pvt ltd co there were 7 directors, In a board meeting 5 directors resigned and only two non resigned directors were present in the meeting. Is quorum for the meeting fulfilled and the meeting is valid????
Further I also want to know that the presence of a resigning director is necessory in the meeting in which he is resigning?
Further I also want to know that the presence of a resigning director is necessory in the meeting in which he is resigning?
Ajay Mishra
(Expert)
17 May 2012
Hi
The quorum will be count at the time of Board Meeting present if the only two person is at present is a director and they are present then it means all directors are present and meeting is properly convened.
No need to attend the resigning directors if they have send their resignation letter to company.
Please also check, what your articles says, about number of director present in meeting.
Regards
The quorum will be count at the time of Board Meeting present if the only two person is at present is a director and they are present then it means all directors are present and meeting is properly convened.
No need to attend the resigning directors if they have send their resignation letter to company.
Please also check, what your articles says, about number of director present in meeting.
Regards
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