What is the quorum for AGM?
Person has to be personally present or can it be through proxy as well?
Isha Chawla (CS) 19 August 2013
What is the quorum for AGM?
Person has to be personally present or can it be through proxy as well?
Sheena (Student) 20 August 2013
A quorum means the minimum number of members required to attend a meeting for a meeting to be held.
As per Section 174 of the Companies Act 1956, unless the articles of a company provide for larger quorum, 5 members personally present (not by proxy) in the case of a public company and 2 members personally present (not by proxy) in the case of a private company shall be the quorum for a general meeting of a company.
Isha Chawla (CS) 21 August 2013
Member Strength 9,47,676 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
