Board meeting

Suppose there are two directors in a board and convened a board meeting to discuss a matter in which, one of the director discloses his Interest. How will the quorum for the meeting be counted?

Replies (1)
If it's a private company, then After disclosure of interest, a director can participate in a meeting, Vote thereon, and also counted towards quorum ..

if its a public company, then interested director will not be counted towards quorum and vote Thereon... In this situation such matters will be reserved for next board meeting(adjourned due to want of quorum).... It will be a better practice to change the Serial No of Agenda item(s) at meeting so that All other business can be smoothly passed/deliberated before adjournment...

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details