📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    ⚡ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚡
    00:00:00 AM Left

    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 thousand
    A Two members personally present Correct Answer Incorrect Answer
    B Five members personally present Correct Answer Incorrect Answer
    C Fifteen members personally present Correct Answer Incorrect Answer
    D Thirty members personally present Correct Answer Incorrect Answer
    E Thirty-five members personally present Correct Answer Incorrect Answer

    Solution

    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.

    Practice Next
    More Other Laws and Acts Questions

    Relevant for Exams:

    ask-question