Company Law (B.Com) 3rd Sem Previous Year Solved Question Paper 2022

Quorum is the minimum number of members or participants required to be present at a meeting for it to be officially recognized and conduct its business. In the context of corporate meetings, board meetings, and other formal gatherings, quorum ensures that important decisions are made with the 
participation of a sufficient number of stakeholders. The quorum requirement is often specified in the organization’s bylaws, governing documents, or applicable laws. If the quorum is not met, the meeting may be adjourned or decisions made during the meeting may not be considered valid. The specific 
quorum requirement can vary depending on the type of organization and its rules.