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    <title>Quorum for meetings.</title>
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    <description>The clause sets minimum quorum thresholds: public companies-five, fifteen or thirty members depending on total membership bands; private companies-two members. If no quorum appears within half an hour, the meeting is adjourned to the same day next week or to another date/time/place chosen by the board, but a requisitioned meeting is cancelled. The company must give at least three days&#039; notice of the adjourned meeting or change by individual notice or one English and one vernacular newspaper advertisement. If the adjourned meeting still lacks a quorum within half an hour, the members present form the quorum.</description>
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    <pubDate>Tue, 20 Dec 2011 15:14:13 +0530</pubDate>
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      <title>Quorum for meetings.</title>
      <link>https://www.taxtmi.com/acts?id=15538</link>
      <description>The clause sets minimum quorum thresholds: public companies-five, fifteen or thirty members depending on total membership bands; private companies-two members. If no quorum appears within half an hour, the meeting is adjourned to the same day next week or to another date/time/place chosen by the board, but a requisitioned meeting is cancelled. The company must give at least three days&#039; notice of the adjourned meeting or change by individual notice or one English and one vernacular newspaper advertisement. If the adjourned meeting still lacks a quorum within half an hour, the members present form the quorum.</description>
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