Question

Which of the following are correct in respect of Quorum required to hold a valid General Meeting of a company? A. For a Public company, minimum 5 members personally present in case number of members is not more than 1000.
B. For a Public Company, minimum 20 members personally present, when number is more than 1,000 but up to 5,000.
C. For a Public Company, minimum 30 members personally present, when number of members is more than 5,000.
D. In case of Private Company, minimum 3 members personally present.
E. One member may constitute a valid Quorum in case Tribunal calls or directs the calling of a general meeting.

• A. A, B, C and D only
• B. B, C and D only
• C. A, C and E only
• D. A, B and E only

Hint:

Logic Tip: Quorum for private company is minimum 2 members, not 3.

Answer 1

The Correct Option is C

Step 1:
As per Companies Act:
• Up to 1000 members $\rightarrow$ 5 members
• More than 1000 up to 5000 $\rightarrow$ 15 members
• More than 5000 $\rightarrow$ 30 members Thus: \[ A = \text{Correct} \] \[ B = \text{Incorrect} \] \[ C = \text{Correct} \]

Step 2:
For a private company, quorum is: \[ 2 \text{ members personally present} \] Hence: \[ D = \text{Incorrect} \]

Step 3:
When Tribunal orders a meeting, even one member may constitute valid quorum. Thus: \[ E = \text{Correct} \]

Step 4:
Correct statements are: \[ A,\; C,\; E \] Hence, the correct answer is: \[ \boxed{\text{(3) A, C and E only}} \]