Question
Economics Question on Business and Economy
The quorum for a Board Meeting in case of a company is :
A
One-third of the total number of directors in office or two directors, whichever is less.
B
One-third of the total number of directors in office or two directors, whichever is more.
C
One-half of the total number of directors in office or two directors, whichever is less.
D
One-half of the total number of directors in office or two directors, whichever is more.
Answer
One-third of the total number of directors in office or two directors, whichever is more.
Explanation
Solution
The correct option is (B)