Lawgist103Quorum for meeting
(1) Unless the articles of the company provide for a larger number,--
(a) in case of a public company,--
(i) five members personally present if the number of members as on the date of meeting is not more than one thousand;
(ii) fifteen members personally present if the number of members as on the date of meeting is more than one thousand but up to five thousand;
(iii) thirty members personally present if the number of members as on the date of the meeting exceeds five thousand;
(b) in the case of a private company, two members personally present, shall be the quorum for a meeting of the company.
(2) If the quorum is not present within half-an-hour from the time appointed for holding a meeting of the company--
(a) the meeting shall stand adjourned to the same day in the next week at the same time and place, or to such other date and such other time and place as the Board may determine; or
(b) the meeting, if called by requisitionists under section 100, shall stand cancelled:
Provided that in case of an adjourned meeting or of a change of day, time or place of meeting under clause (a), the company shall give not less than three days notice to the members either individually or by publishing an advertisement in the newspapers (one in English and one in vernacular language) which is in circulation at the place where the registered office of the company is situated.
(3) If at the adjourned meeting also, a quorum is not present within half-an-hour from the time appointed for holding meeting, the members present shall be the quorum.
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- 88 Register of members, etc
- 89 Declaration in respect of beneficial interest in any shar
- 90 Register of significant beneficial owners in a Company
- 91 Power to close register of members or debenture holders or other security holder
- 92 Annual return
- 93 Omitted
- 94 Place of keeping and inspection of registers, returns, etc
- 95 Registers, etc., to be evidence
- 96 Annual general meeting
- 97 Power of Tribunal to call annual general meetin
- 98 Power of Tribunal to call meetings of members, et
- 99 Punishment for default in complying with provisions of sections 96 to 98
- 100 Calling of extraordinary general meeting
- 101 Notice of meeting
- 102 Statement to be annexed to notic
- 103 Quorum for meeting
- 104 Chairman of meetings
- 105 Proxie
- 106 Restriction on voting rights
- 107 Voting by show of hands
- 108 Voting through electronic means
- 109 Demand for poll
- 110 Postal ballot
- 111 Circulation of members‘ resolution
- 112 Representation of President and Governors in meetings
- 113 Representation of corporations at meeting of companies and of creditors
- 114 Ordinary and special resolutions
- 115 Resolutions requiring special notic
- 116 Resolutions passed at adjourned meetin
- 117 Resolutions and agreements to be filed
- 118 . Minutes of proceedings of general meeting, meeting of Board of Directors and other meeting and resolutions passed by postal ballot
- 119 Inspection of minute-books of general meetin
- 120 Maintenance and inspection of documents in electronic form
- 121 Report on annual general meeting
- 122 Applicability of this Chapter to One Person Compan
