Public company meeting

Dear Mr Hasan,

An adjourned meeting is merely the continuance of the original meeting and a fresh notice of the adjourned meeting is not therefore necessary unless the articles require such a notice to be given. Where the notice of the meeting had been properly given there is no necessity for notice of its bona fide adjournment.

Regards,

Aditya

Under Section 288 if the meeting could not be held for want of quorum, then unless the Artilces otherwise provide, the meeting shall automatically adjourned till the dame day in the next week, at the same time and place, or if that day is the public holiday, till the next succeeding day which is not a public holiday at hte same time and place.

It requires, fresh notice to all the directors regarding adjournment and new date of Board Meeting.  

Fresh notice is not necessary if the meeting is adjourned to the same day next week. It is however desirable to give notice in that case too. [Promode Kumar Southern Steel Ltd.]

In case of listed companies, proper notice is requried to be give to the stock exchange that the meeting has been adjourned for want of quorum and will be held on such n such date within 15 minutes of the adjournment.