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CA Inter P2 · Chapter 6 · Question 7 of 10

Unless the articles require a larger number, what is the quorum for a general meeting of a public company with 3,200 members on the date of the meeting?

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Reveal answer & explanation

Correct answer: A) Fifteen members personally present

Explanation

Under section 103(1)(a), the quorum for a public company is five members personally present if members do not exceed 1,000. It is fifteen if members exceed 1,000 but not 5,000, and thirty if members exceed 5,000. With 3,200 members, the quorum is fifteen. A private company needs two members personally present.

All 10 questions in Chapter 6Management and Administration MCQs with answers

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