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During a Board meeting, a director withdraws and the number of directors present falls below the quorum fixed under Section 174 of the Companies Act, 2013. What is the consequence?
The meeting must be adjourned immediately
Remaining directors can pass resolutions
Business can continue for urgent matters
Chairperson may reduce quorum requirements
The meeting must be adjourned immediately
Practice and solve "During a Board meeting, a director withdraws and the number of directors present falls below the quo..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option A: The meeting must be adjourned immediately. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "During a Board meeting, a director withdraws and the number of directors present falls below the quo..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option A: The meeting must be adjourned immediately. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.