What do you mean by Quorum?

 
Quorum indicates the minimum number of participate to be presented for holding a Valid Meeting .Regulation 89 of the companies Act-1994, however, provides that the quorum necessary for the transaction of Business at the Board Meeting, may be fixed by the directors. In other words quorum is necessary to prevent misuse or abuse of powers. Finally we can say that, two members in case of private company and five members in case of any others company personally present shall be a quorum.                                                                                                                                                                                                                                                                                                                                                                                      
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