Under Section 174 Companies Act 2013, the QUORUM for a meeting of the Board of Directors shall be:
Answer & Solution
Correct answer: C.
1. Section 174(1) Companies Act 2013: 'The quorum for a meeting of the Board of Directors of a company shall be ONE-THIRD of its total strength or TWO DIRECTORS, WHICHEVER IS HIGHER, and the participation of the directors by video conferencing or by other audio visual means shall also be counted for the purposes of quorum under this sub-section.'
2. Section 174(3): if at any time the number of interested directors exceeds or is equal to 2/3 of the total strength of the Board, the number of disinterested directors present at the meeting, being NOT LESS THAN TWO, shall be the quorum during such time.
3. Section 174(2): if a meeting cannot be held for want of quorum, it shall stand adjourned to same day next week.
4. Hence option B is correct.
_Source: Companies Act 2013 (Act 18 of 2013), Govt. of India MCA — Companies Act 2013, Section 174_
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