Thereis a divergent views in so far as the section 174(1) is concerned.If we forget about the English authority and be governed by the langage it would appear that quorum of General meeting would be 5 personally present members and that will not include any proxy.Kindly elaborate on this .If we follow english authorities blindly we shall get trapped in mess. Please give some Indian authority on this.
I am grteful for this wonderful write up. Thanks and regards.