Question
Unless the articles of the company provide for a larger
number, in case of a public company _________________ shall be the quorum if the number of members as on the date of meeting is not more than one thousandSolution
Companies Act Section 103.Quorum for meetings: (1) Unless the articles of the company provide for a larger number— (a) in case of a public company— (i) five members personally present if the number of members as on the date of meeting is not more than one thousand; (ii) fifteen members personally present if the number of members as on the date of meeting is more than one thousand but up to five thousand; (iii) thirty members personally present if the number of members as on the date of the meeting exceeds five thousand.
PLUMBER : WRENCH :: PHILOSOPHER :Â
GAUGE  - The new orders are a gauge  of how well our industrialists are doing.
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