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Quorum of General meeting
For the purpose of quorum joint holders are counted as 1 or every joint holder attending the meeting in each capacity?
Replies (3)
As per section 103 of the Companies Act, 2013 - Joint Holders shall be considered as one while computing the quorum for the General Meeting.
As per Sec 103
For private co- 2members personally present
For public co-
5members(if Members of company upto 1000)
15members(if Members of company 1001-5000)
30members(if Members of company Above 5000)
For private co- 2members personally present
For public co-
5members(if Members of company upto 1000)
15members(if Members of company 1001-5000)
30members(if Members of company Above 5000)
As per Secretarial Standard all joint holders will consider as single for purpose of Quorum...
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