New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    If a board of directors originally consists of 9 members

    and 2 vacancies are created due to their removal, what would be the quorum required for a board meeting as per the provisions of theCompanies Act?
    A 3 directors Correct Answer Incorrect Answer
    B 4 directors Correct Answer Incorrect Answer
    C 5 directors Correct Answer Incorrect Answer
    D 6 directors Correct Answer Incorrect Answer
    E 7 directors Correct Answer Incorrect Answer

    Solution

    Section 174. Quorum for meetings of Board: (1) The quorum for a meeting of the Board of Directors  of a company  shall be one third of its total strength or two directors, whichever is higher, and the participation of the directors by video conferencing or by other audio visual means shall also be counted for the purposes of quorum under this sub-section. Provided that the quorum shall not be less than two members.

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