XYZ company has 9 directors as on 1 6 2018 The office of 2 directors have vacated on 2 07 2018 The q...........

Companies Act-Phase (I & II) Directors - powers and appointment

XYZ company has 9 directors as on 1/6/2018. The office of 2 directors have vacated on 2/07/2018. The quorum required to conduct board meeting is:

4 directors

3 directors

2 directors

5 directors

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Explanation:

The total strength is 9-2=7 directors. Quorum shall be higher of 2 or 1/3^rd of 7 and 1/3^rd comes out to 2.33. As per clause (i) of explanation to section 174(4), any fraction of a number shall be rounded off as 1. Accordingly, the quorum shall be 3 directors, being higher of 2 or 3.