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    <title>2025 (5) TMI 1924 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
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    <description>The Tribunal addressed quorum requirements for shareholder meetings under the Companies Act, 2013. It ruled that quorum must strictly follow Section 103, rejecting a direction mandating 51% shareholder participation. The court held that proxies are valid for quorum calculation, virtual attendance is permitted, and standard adjournment procedures apply when quorum is not met. The decision affirmed statutory provisions over tribunal-imposed restrictions.</description>
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      <link>https://www.taxtmi.com/caselaws?id=771652</link>
      <description>The Tribunal addressed quorum requirements for shareholder meetings under the Companies Act, 2013. It ruled that quorum must strictly follow Section 103, rejecting a direction mandating 51% shareholder participation. The court held that proxies are valid for quorum calculation, virtual attendance is permitted, and standard adjournment procedures apply when quorum is not met. The decision affirmed statutory provisions over tribunal-imposed restrictions.</description>
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