Nisha Sharma posted an Question
June 15, 2021 • 14:38 pm 30 points
  • UGC NET
  • Commerce

What is quorum please xplain me

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  • Sanju Best Answer

    Quorum is the minimum numbers of members to be presented to start a meeting. If it is not there, meeting is considered to be void. It shows that decision made in the meeting is reliable and valid as a enough authority is presented to take decision in the meeting. According to Companies Act,2013 quorum should be one-third of the strength of directors or 2 directors, whichever is higher.

  • Arya anand

    A 'Quorum' in simple words means the minimum number of members that have to be present. Under the Act, the quorum for a General Meeting, a Board Meeting and an Extraordinary General Meeting is enumerated within its provisions

  • Priya gulani

    A quorum is the minimum number of people that a committee needs in order to carry out its business officially

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