Quorum...sec 103

Corporate & Other Laws

I'm not able to understand the answer 1)whether meeting was properly held or not? 2)Will agenda 1-3 pass....I.e will it properly pass

Gauri Shete

CA Final

★ 5K+

16-May-22 20:31

515

Answers (2)

Best Answer

Transaction 1,2,3 is valid because required quorum was present when they were transacted. Only 4 and 5 is void because required quorum was not present when 4 and 5 were transacted.

Umayal Lakshmanan

CA Final

★ 6K+

17-May-22 06:59

(1) Properly held (2) Properly passed

Sudha Reddy

CA Final

★ 20K+

17-May-22 11:08