https://www.taxtmi.com/caselaws?id=99941 Section 256(4)(b) applies only where there was an earlier valid meeting under section 256(4)(a) at which the retiring director's place remained unfilled and the meeting was adjourned; an initial meeting lacking quorum cannot validly take decisions and therefore cannot trigger the adjournment consequences in section 256(4)(a) leading to (4)(b). The general quorum and adjournment rule in section 174 does not govern meetings under section 256(4); the special statutory scheme for retiring directors controls. Applying that scheme, the respondent ceased to be a director and the appeal was allowed. en-us Mon, 16 Mar 1981 00:00:00 +0530 Mon, 30 Jan 2012 16:42:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99941 Section 256(4)(b) applies only where there was an earlier valid meeting under section 256(4)(a) at which the retiring director's place remained unfilled and the meeting was adjourned; an initial meeting lacking quorum cannot validly take decisions and therefore cannot trigger the adjournment consequences in section 256(4)(a) leading to (4)(b). The general quorum and adjournment rule in section 174 does not govern meetings under section 256(4); the special statutory scheme for retiring directors controls. Applying that scheme, the respondent ceased to be a director and the appeal was allowed. Case-Laws Companies Law Mon, 16 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99941