<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Quorum for meetings of Board</title>
    <link>https://www.taxtmi.com/acts?id=17471</link>
    <description>Quorum for board meetings is one-third of total strength or two directors, whichever is higher, with remote participation by video or audio-visual means counting toward quorum; &quot;total strength&quot; excludes vacancies and fractions round up. Continuing directors may act despite vacancies but, if reduced below quorum, may act only to increase numbers or to call a general meeting. If interested directors constitute two-thirds or more, the quorum is the non-interested directors present, not less than two. A meeting lacking quorum automatically adjourns to the same day and time next week (or next non-holiday), unless the articles provide otherwise.</description>
    <language>en-us</language>
    <pubDate>Sat, 02 Mar 2013 13:07:26 +0530</pubDate>
    <lastBuildDate>Tue, 09 Dec 2025 17:41:09 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=253990" rel="self" type="application/rss+xml"/>
    <item>
      <title>Quorum for meetings of Board</title>
      <link>https://www.taxtmi.com/acts?id=17471</link>
      <description>Quorum for board meetings is one-third of total strength or two directors, whichever is higher, with remote participation by video or audio-visual means counting toward quorum; &quot;total strength&quot; excludes vacancies and fractions round up. Continuing directors may act despite vacancies but, if reduced below quorum, may act only to increase numbers or to call a general meeting. If interested directors constitute two-thirds or more, the quorum is the non-interested directors present, not less than two. A meeting lacking quorum automatically adjourns to the same day and time next week (or next non-holiday), unless the articles provide otherwise.</description>
      <category>Act-Rules</category>
      <law>Companies Law</law>
      <pubDate>Sat, 02 Mar 2013 13:07:26 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=17471</guid>
    </item>
  </channel>
</rss>