New Enroll here to Join NaBFID Analyst Into Class on May 6

    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

    Practice Next