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    Question

    Under Section 174 of the Companies Act, 2013, what is

    the quorum required for a Board Meeting?
    A 1/4th of total directors or 2 directors, whichever is higher Correct Answer Incorrect Answer
    B 1/3rd of total directors or 2 directors, whichever is higher Correct Answer Incorrect Answer
    C 1/3rd of total directors or 3 directors, whichever is higher Correct Answer Incorrect Answer
    D 1/2 of total directors or 2 directors, whichever is higher Correct Answer Incorrect Answer

    Solution

    Section 174(1) of the Companies Act, 2013 mandates that the quorum for a Board Meeting shall be one-third of the total strength of the Board or 2 directors, whichever is higher. Participation via video conferencing or audio-visual means also counts towards quorum. Additionally, where the number of interested directors equals or exceeds 2/3rd of the total Board strength, at least 2 disinterested directors must be present to constitute a valid quorum.

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