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Question

The quorum for a meeting of the Board of Directors of a company shall be ______________ and the participation of the directors by video conferencing or by other audio-visual means shall also be counted for the purposes of quorum

A One third of its total strength or two directors, whichever is higher Correct Answer Incorrect Answer
B One third of its total strength or two directors, whichever is lower Correct Answer Incorrect Answer
C Two third of its total strength or three directors, whichever is higher Correct Answer Incorrect Answer
D Two third of its total strength or three directors, whichever is lower Correct Answer Incorrect Answer
E None of the above 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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