B
BusinessABC
New Member
My question is whether the Articles of Association can override the Companies Act 2006 with regards to the quorum at general meetings? Specifically, is it possible for a company's Articles of Association to require a quorum of just one person under certain circumstances?
I was thinking of adding a provision to the AoA, along the lines of;
Thanks in advance for any advice you can give on this matter.
I was thinking of adding a provision to the AoA, along the lines of;
- A quorum for general meetings shall only be met if those present at the meeting represent, either as members or by proxy, more than 50% of the total shareholding of the company.
- If only one person is present at the meeting and they represent, either as a member or by proxy, at least 50% of the total shareholding of the company, then their presence alone shall constitute a quorum.
Thanks in advance for any advice you can give on this matter.