For a private company with more than one member, what is the minimum number of shareholders required to constitute a quorum?

For a private company with more than one member, what is the minimum number of shareholders required to constitute a quorum?

• A. One
• B. Two
• C. Two shareholders must be present
• D. The number is set by the Articles

Answer: (C)

Quorum for a general meeting of a private company with more than one member is two shareholders. This ensures that more than one person is involved in decisions and that the meeting isn’t valid if only a single shareholder attends. The exact minimum can be altered by the company’s Articles of Association, so if the Articles set a different number, that would apply. But by default, two must be present to form a quorum.

Quorum for a general meeting of a private company with more than one member is two shareholders. This ensures that more than one person is involved in decisions and that the meeting isn’t valid if only a single shareholder attends. The exact minimum can be altered by the company’s Articles of Association, so if the Articles set a different number, that would apply. But by default, two must be present to form a quorum.