Innovative Energies Limited has 2,505 members as on the date of the company's extra-ordinary general meeting. The Executive Director, Mr. Avinash has asked you, the Secretary of the Company, what is the required quorum f

Quorum for general meeting of a company is regulated by section 103 of the Companies Act, 2013. Accordingly, as per section 103(1), unless the articles of the company provide for a larger number, in case of a public company, - 5 members personally present if the number of members as on the date of meeting is not more than 1,000; 15 members personally present if the number of members as on the date of meeting is more than 1,000 but up to 5,000; 30 members personally present if the number of members as on the date of the meeting exceeds 5,000. In the given case, Innovative Energies Limited has 2,505 members as on date of its extra-ordinary general meeting. Hence, the required number of quorum, if the articles do not provide for a larger number, will be 15 members personally present. The Company Secretary shall inform the Executive Director, Mr. Avinash accordingly. Also, the required quorum must be present throughout the meeting.