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Author :
mrs.k.Anupama
Posted On 20 August 2012 at 16:31
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In a 16 member society only 5 of them are actual members as per share register.All remaining members are either members close relative/tenant/nonmember/defaulter member/share transfer not done. In such case as per the society bylaws the nonmembers/defaulter member/ proxy/members relative/poa holders are not entitled to vote or participate in the election process.Are voting of 7 members is sufficient to hold the agm and election process.Please advice.
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Expert :
ajay sethi
Posted On 20 August 2012 at 17:03
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notice is given to all members . in the notice issued it is mentioned if no quorum meeting will be adjourned for half an hour and resumed therefater .
7 members would be sufficent for holding AGm
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Expert :
V R SHROFF
Posted On 20 August 2012 at 23:46
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YES , 7 member meeting is legal , valid and binding on all members. .
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