In case of a public company the quorum should thirty

Q: Answer-In case of a public company the quorum should thirty members personally present if the number of mem...

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.

members personally present if the number of members as on the date of the meeting____________________

A Exceeds five thousand Correct Answer Incorrect Answer

B Does not exceed five thousand Correct Answer Incorrect Answer

C Is more than one thousand Correct Answer Incorrect Answer

D Is not more than one thousand Correct Answer Incorrect Answer

E Is more than one thousand but up to five thousand 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.

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