5: PROCEDURE AT GENERAL MEETINGS92 QuorumThe quorum which the Companies Act 2006 requires for a general meeting depends upon whether the company is a single-member company or not. If the company has only one member, then not surprisingly, one qualifying person present at a meeting counts as a quorum1. Otherwise, two qualifying persons present at a meeting will generally count as a quorum although this will be subject to any contrary provisions in the company’s articles2.A ‘qualifying person’ means3:92.1 an individual who is a member of the company;92.2
The quorum which the Companies Act 2006 requires for a general meeting depends upon whether the company is a single-member company or not. If the company has only one member, then not surprisingly, one qualifying person present at a meeting counts as a quorum1. Otherwise, two qualifying persons present at a meeting will generally count as a quorum although this will be subject to any contrary provisions in the company’s articles2.
A ‘qualifying person’ means3:
an individual who is a member of the company;
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
0330 161 1234