Registered independent director Past Ch
8229 Points
Joined March 2007
Section 103(1) specifies certain number of members required to be personally present to form quorum for a meeting. However in case of private company exemption notification dated 5.6.2015 provides that this section shall apply unless the articles of the company provide otherwise. Hence the articles of a private company may provide that members present through proxy will be counted for the purpose of quorum.