Quorum for agm or egm
This query is : Resolved
Akhilesh Kumar
(Querist)
01 March 2014
TO ALTER OBJECT CLAUSE OF MOA OR TO INCREASE AUTHORISED CAPITAL WHAT IS THE REQUIRED QUORUM IN AGM OR EGM
SHAKTI JINDAL
(Expert)
05 March 2014
As per section 174 of the Companies Act, 1956, 5 members personally present in case of a public company and 2 members personally present in case of other companies is the requisite quorum. This quorum is for all agenda items including those relating to alteration of objects clause of MOA or for increase in authorised capital.
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