Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

quorum

27 August 2017

If quorum remains absent in adjourned meeting as well and in adjourned meeting not a single member arrived then what law says about these??

Reply
Follow
Share

9 Replies

sumit (kumar) (171 Points)
Replied 28 August 2017

for what agm or egm or board meeting

Upgrade to CAclubindia Pro. Subscribe Now!

R Chhabadia (23 Points)
Replied 28 August 2017

For AGM

aamir khatri (12 Points)
Replied 28 August 2017

If the meeting was called by requisitionists(members) than it shall be cancelled and if not by requisitionists than atleast 2 members shall be present in person at the meeting. so as per your query no member is present than the meeting will remain CANCELLED.

1 Like

sumit (kumar) (171 Points)
Replied 28 August 2017

and with supporting ans of aamir khatri
officer in default shall be liable for fine penalty as specified in the act
and NCLT may pass the order to hold.conveen and conduct AGM and here if only 1 memb. present in AGM shall be the quorum if mentioned in such order

2 Like