Can anybody tell me that while counting the quorum (in the case of general meeting) the proxies shall be included or not? Reply Please....
Thank You
8 Replies
Vikram Soni
(Student)
(103 Points)
Replied 23 May 2010
proxies shall not be included while counting quorum
n k abhiram
(CA Final , CS Final )
(629 Points)
Replied 23 May 2010
Yes Proxies should not be included for the purpose of the Quorum
Vatsalya Bhardwaj
(Final Student)
(427 Points)
Replied 24 May 2010
Proxies are not included in quorum
Nitin Grover
(CS)
(1228 Points)
Replied 24 May 2010
Dear Friends
As Per Section 174 of Companies Act, 1956 in case of
Public Company - 5 members personally present
in Other Companies - 2 members personally present.
If not present with in half an hour than meeting will be adjourned to the same day in next week, same place and time and also in adjourned meeting quorum in not present in half an hour than Present members will be quorum of the meeting.
Regards
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