ABSENCE OF QUORUM- companies act 2013 best cs book notes

Posted on 26-03-2016        By ADMIN

 ABSENCE OF QUORUM- companies act 2013 best cs book notes

It is not competent in the absence of quorum for the members of a meeting whichhas previously been duly constituted to person’s ministerial acts, unless suchacts have been previously authorized by the corporate or other body concerned.

Any business transacted at a meeting while a quorum is not present is invalid.However, if a company’s articles provide, inter alia, that no business shall betransacted at any general meeting unless a quorum is present “when the meetingproceeds to business” and there is in fact a quorum at that time, thesubsequent departure of a member thereby reducing the number below the quorumdoes not invalidate the proceedings after his departure.

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