๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      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
      ask-question