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Quorum for remuneration and nomination commitee

BALWINDER SINGH (0)     13 August 2015

 1 likes  41 points

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Kindly let me know the quorum required for Remuneration and Nomination committee.

Neeti (CS Trainee)     14 August 2015

CS Trainee 
 2 likes  32 points

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It is not mentioned anywhere in the Act. The same shall be fixed by the BoD or AOA otherwise as per SS-1, presence of all members will become necessary for forming the quorum.

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Shrikant (Associate)     04 December 2018

 19 likes  350 points

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There is no quorum requirement under the Act for meeting of nomination and remuneration committee. However, Board may specify the quorum requirement for the same and if it is not specified by the board then, all members of the committee should be present. Please refer Secretarial Standard-1 on Board Meetings.

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