Q.Explain the provisions relating to notice and quorum for a general meeting under the Companies Act, 2013.
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Start your 14-day free trial to unlock the full solution →Both an Annual General Meeting and an Extraordinary General Meeting must satisfy the same statutory requirements for notice and quorum, laid down in Sections 101 and 103 of the Companies Act, 2013 respectively.
Notice (Section 101): A general meeting must be called by giving not less than 21 clear days' notice, in writing or through electronic means, to every member of the company, to every director, and to the company's auditor — all of whom are entitled to attend. The term "clear days" means the 21-day count excludes both the day on which the notice is served and the day of the meeting itself, giving recipients the full benefit of the entire notice period to prepare for the meeting and decide whether and how to participate.
Quorum (Section 103): The quorum — the minimum number of members who must be personally present for a general meeting's business to be validly transacted — depends on the type of company and, for a public company, on its total membership:
| Type of company | Total number of members | Quorum required |
|---|---|---|
| Public company | Up to 1,000 | 5 members personally present |
| Public company | More than 1,000, up to 5,000 | 15 members personally present |
| Public company | More than 5,000 | 30 members personally present |
| Private company | Any number | 2 members personally present |
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