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PostPosted: Thu 12:53, 27 Jun 2013    Post subject: What is the Quorum Required for Board Meeting?

The quorum for a meeting of the board of directors of a company shall be one-third of its total strength, or two directors, whichever is higher.

Provided that where at any time the number of interested directors exceeds or is equal to two-thirds of the total strength, the number of the remaining directors, that is to say, the number of the directors who are not interested present at the meeting being not less than two, shall be the quorum during such time. Read More....

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