A person attending the General meeting of a Company representing
one Company under Section 187 of the Companies Act, 1956 besides representing
himself as a member. Will he be counted as two persons for the purpose of Quorum?
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A person representing one Company under
Section 187 is deemed to be a member of the Company. Thus, the person
representing a Company under Section 187 of the Companies Act, 1956 and also
himself as a member shall be counted as two persons for the purpose of Quorum.
So the person attending the meeting in two different capacities shall be
counted as two persons.
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At an adjourned meeting of a public Company, after half
an hour after the scheduled time finds that only three persons are present.
Can the Chairman declare the meeting closed for want of Quorum?
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According to Section 174(5), if at the
adjourned meeting, Quorum is not present within half an hour of the
prescribed time, the members present shall be the Quorum. Hence here in this
case, the Chairman cannot declare the meeting closed for want of Quorum.
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