state the procedure of Quorum.
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Answer:
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Explanation:
The quorum for a board meeting must be 1/3rd of the total number of directors or 2 directors whichever is the higher number. Therefore in case, there are only three directors in a company, then at least two must be present even though 1/3rd would entail that only one director needs to be present.
Answer:
A quorum is the minimum number of members of deliberative assembly