One person can never be a quorum for company meetings.
A
True
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B
False
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Solution
The correct option is A True The statement is True, one person can never be a quorum for company meetings because as per the Companies Act, 2013 the quorum for a boardmeeting must be one-third of the total number of directors or 2 directors whichever is highest. For example, if there are three directors in a company, then at least two must be present or 1/3 of the total no. of Directors i.e one.