Question
What is the quorum required for a Board of Directors
meeting according to Companies Act, 2013?Solution
Quorum of Meetings ā Sec 174 Quorum for the meeting shall be 1/3rd of total strength or 2 directors whichever is higher. Participation of directors through video conferencing or other audio visual means shall also be counted for the purpose of quorum with exception to the meetings with the following agenda
- Approval of annual financial statements ;
- Approval of Boardās Report ;
- Approval of prospectus;
- Audit Committee Meetings for considertion of Accounts;
- Approval of matters relating to amalgamation, merger, demerger, acquisition and takeover .
My fear of the disease __________ after knowing the number of deaths it has caused till now.
Companies have to ________ their unwanted expenditures to function smoothly.
This hospital specialises in the treatment of __________ as they have efficient data system.
The news about the marriage of a celebrity __________ the one about India entering the finals in Asia Cup.
The government is trying hard to ___________the MSME sector from the loss inflicted by the pandemic.
Steve Jobs is the legendary ___________ of Apple.
These telemarketers have been calling me ___________, even though I said I was not interested in their product.
Many people realized that the pill was just a vitamin tablet and what really changed their disease was the _________.
The opinions of the state and central governments were ____________ on the new policy.
If news gets out that the company has become _________, they will stop getting further funds.