07 August 2009
when quorum is not present in d adjourned meeting within 1/2 hours,then as per provision all persons present will b counted for d purpose of quorum.
query- whether d proxies of person other than that of a body corporate or president or governor will b counted counted for d purpose of quorum?
08 August 2009
No. You can not count proxies as quorum.
REASON:
If you go by the language of section 174(1) it says
5 members personally present in case of a public company and 2 members personally present in case of a private company shall be the quorum for the meeting.
Here the word personally present signifies actual member of the company and not proxy.
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