Suppose a Public company with 500 members calls for a meeting and the quorum specified in the AOA is 10. The quorum was present on the day of meeting but the meeting was adjourned for other reason. Now on the day of the adjourned meeting if the quorum isn't present will the provisions of Sec 103(3) apply or is 103(3) applicable only when the original meeting was adjourned for want of Quorum ?
Thanks in advance !!😃
2 Replies
Rajendar reddy
(Clear Ipcc )
(12 Points)
Replied 19 January 2018
Give imp to word "also" in sec 103(3), you will get the answer for ur question.
Vishal Anand
(16 Points)
Replied 19 January 2018
so taking the word "also" into consideration ...it's logical to say 103(3) is applicable, only if the original meeting was adjourned for want of Quorum .
Thank you Rajendar Sir 😃😃
Thank you Rajendar Sir 😃😃
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