TMI BlogQuorum for meetings of Board.X X X X Extracts X X X X X X X X Extracts X X X X ..... isual means shall also be counted for the purposes of quorum under this sub-section. (2) The continuing directors may act notwithstanding any vacancy in the Board; but, if and so long as their number is reduced below the quorum fixed by the Act for a meeting of the Board, the continuing directors or director may act for the purpose of increasing the number of directors to that fixed f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the next week or if that day is a national holiday, till the next succeeding day, which is not a national holiday, at the same time and place. Explanation . For the purposes of this section, (i) any fraction of a number shall be rounded off as one; (ii) total strength shall not include directors w ..... X X X X Extracts X X X X X X X X Extracts X X X X
|