Quorum


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Quorum

The minimum number of people who must be present or must provide a proxy to vote at a meeting in order to make a valid decision.

Quorum

The minimum number of shareholders or board members that must be present at a meeting in order to make binding decisions for a company. Especially in the case of shareholders, the quorum may not be a number of persons, but a percentage of equity in the company represented by the owners who are present. The quorum is defined in the corporate charter. See also: Annual shareholders meeting.
References in periodicals archive ?
Speaker National Assembly Sardar Ayaz Sadiq initially suspended the proceedings, but after the secretariat staff confirmed that a quorum was not present, Deputy Speaker National Assembly adjourned the sitting until Tuesday morning without taking up any agenda item.
Abbasi asked for the member-count and suspended the proceedings till completion of the quorum as the required numbers of lawmakers (25 percent) were not present in the House.
International facilities management company Autonomous has also moved into Quorum, taking a suite of 1,136sqft.
We are pleased to have him leading Quorum Canada as we continue to invest in new technology and grow our presence in the Canadian oil and gas market over the next 15 years.
ePrime offers complete upstream oil and gas accounting and administrative services, powered by state-of-the-art software from Quorum and delivered by an experienced team of accounting professionals.
In July 2014, Quorum was acquired by Silver Lake Partners, a global leader in technology investing, and Silver Lake Kraftwerk, the firm's energy and resource innovation strategy.
The Quorum Hybrid Cloud solution is the industry's only disaster recovery solution that provides assured, one-click recovery in minutes.
This week (April 26-30), Quorum has teamed up with the Benton Lane-based animal rescue charity to encourage its employees to walk dogs during their lunch break, contributing towards the national aim of walking 25,000 miles - the distance around the Equator.
West Brookfield's town meeting quorum is 20 of the town's approximately 2,600 registered voters, according to Town Clerk Sarah J.
The association could find itself unable to hold its annual meeting if the quorum requirement is not met.
How bacteria talk to each other: Regulation of gene expression by quorum sensing.
A majority of the members in office constitutes a quorum of the Board for purposes of transacting business except that, if there are five members in office, then four members constitute a quorum.