Under Section 103 Companies Act 2013, the quorum for a general meeting of a PUBLIC company is:
Answer & Solution
Correct answer: A.
1. Section 103(1) Companies Act 2013 prescribes quorum for general meetings: (a) in the case of a PUBLIC COMPANY: (i) 5 members personally present if the number of members as on date of meeting is NOT MORE THAN ONE THOUSAND; (ii) 15 members personally present if more than 1,000 but NOT MORE THAN 5,000; (iii) 30 members personally present if number exceeds 5,000.
2. For PRIVATE COMPANIES: 2 members personally present shall be the quorum (Section 103(1)(b)).
3. If quorum not present within half an hour, meeting stands adjourned to the same day next week, same time and place (Section 103(2)).
4. Hence option B is correct.
_Source: Companies Act 2013 (Act 18 of 2013), Govt. of India MCA — Companies Act 2013, Section 103(1)_
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