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Board Meeting Quorum: Article-38 requires one-third of directors, rounded up, or minimum of two, whichever is higher.
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....As per Article-38: the quorum for a meeting of the Board of Directors shall be 1 /3rd of its total strength (any fraction contained in that 1/3rd being rounded off as one) or two Directors whichever is higher.....
TaxTMI
TaxTMI