Question

Minimum no of members to be present for a Public Ltd. company meeting is ___________.

• A. 5
• B. 2
• C. 7
• D. 3

Answer 1

Answer: (A)

5

In case of a public company five members should be personally present if the number of members as on the date of meeting is not more than one thousand.

If the quorum is not present within half-an-hour from the time appointed for holding a meeting of the company, the meeting shall stand adjourned to the same day in the next week at the same time and place, or to such other date and such other time and place as the Board may determine; or the meeting, if called by requisitionists under section 100, shall stand cancelled.

If at the adjourned meeting also, a quorum is not present within half-an-hour from the time appointed for holding meeting, the members present shall be the quorum.