Quick Summary
Quorum ensures sufficient participation for making valid decisions in meetings.
For Board Meetings: 1/3rd of total directors or 2, whichever is higher. For General Meetings: For public companies - 5 members (if members ≤1000), 15 (if 1000-5000), 30 (if >5000). For private companies - 2 members.
Key Points
- Minimum attendance required
- Varies by meeting type
- Meeting invalid without quorum
- Specified in Companies Act
- Can be specified differently in AOA