Quorum means the minimum number of members who must be present at a meeting. Thus, it is the number of members on whose presence the meeting of a company can commence its discussions. • If there is no quorum requirement, decisions may be taken by a small minority, which may be detrimental or unacceptable to a vast majority of members
As per Section 103 of The Companies Act, 2013
Quorum for PUBLIC COMPANY
Quorum as per AOA or as per Table below, whichever is higher
Number of Members
Not more than 1000(i.e. ≤ 1000) Quorum is 5 members personally present
More than 1000, but upto 5000 (i.e. > 1000 and ≤ 5000) Quorum is 15 members personally present
More than 5000 (i.e. > 5000) Quorum is 30 members personally present
Quorum for PRIVATE COMPANY
Quorum as per AOA or 2 members personally present, whichever is higher
Quorum means the minimum number of members who must be present at a meeting. Thus, it is the number of members on whose presence the meeting of a company can commence its discussions. • If there is no quorum requirement, decisions may be taken by a small minority, which may be detrimental or unacceptable to a vast majority of members
As per Section 103 of The Companies Act, 2013
Quorum for PUBLIC COMPANY
Quorum as per AOA or as per Table below, whichever is higher
Number of Members
Not more than 1000(i.e. ≤ 1000) Quorum is 5 members personally present
More than 1000, but upto 5000 (i.e. > 1000 and ≤ 5000) Quorum is 15 members personally present
More than 5000 (i.e. > 5000) Quorum is 30 members personally present
Quorum for PRIVATE COMPANY
Quorum as per AOA or 2 members personally present, whichever is higher