Whether presence of director be made necessity for quorum?
Querist : Anonymous
Querist : Anonymous
AS per my understanding, you can mention in AOA, that presence of director is necessary in EGM, provided he/she should be the members.
Quorum of GM counts the presence of members and not directors. Hence, he/she should be members cum director.
But as I mentioned, you need to incorporate such clause in AOA. Having this clause in Shareholding agreement can not mandate directors to be present.
Thanks
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