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MEMBERS MEETING

Priya Kashyap (Student) (7048 Points)

24 February 2019

how will the case be treated in case total members fall short to Quorum required for the Annual general meeting ?

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3 Replies

Nivedita (SME - Finance) (758 Points)
Replied 24 February 2019

Quorum requirement - One of the essential ones - Meeting may be regarded - Null & Void

Priya Kashyap (Student) (7048 Points)
Replied 24 February 2019

Can the meeting be declared valid only if all the members attend the meeting in the case above.

Nivedita (SME - Finance) (758 Points)
Replied 24 February 2019

If within half an hour from the time appointed for holding a meeting, the quorum is not present, the meeting, shall stand adjourned to the same day in the next week at the same time and place, or to such other day, time and place as the Board of Directors may determine. If at the adjourned meeting also, a quorum is not present within half an hour from the appointed time, then the members present shall be the quorum