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what do you mean by quorum ? state the provision
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what do you mean by quorum ? state the provision Related: Requisites ...
A quorum refers to the minimum acceptable level of individuals with a vested interest in a company needed to make the proceedings of a meeting valid under the corporate charter. This clause or general agreement ensures there is sufficient representation present at meetings before any changes can be made by the board. A quorum is normally comprised of a group that is considered as large as possible to be depended on to attend all corporate meetings, which is a qualitative assessment.
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what do you mean by quorum ? state the provision Related: Requisites of a Valid Meeting Notice - Company Meetings, Company Law
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