quorum
R Chhabadia (23 Points)
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??
9 Replies
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.
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
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
R Chhabadia
(23 Points)
Replied 28 August 2017
Yaa then when will be the next meeting if it is cancelled?
Law Aspire
(CS)
(755 Points)
Replied 30 August 2017
But why officer in default liable if member do not come to meetings
R Chhabadia
(23 Points)
Replied 30 August 2017
Officer will be liable if they failed to convene AGM within the time specified u/s 96
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