LML4806 (COMPANY LAW) ASSIGNMENT 1 FIRST SEMESTER SOLUTIONS
A quorum is the minimum number of qualified persons whose presence at a meeting
is necessary before any business may be validly transacted at the meeting. 1 The Act
specifies two quorum requirements: one must be satisfied in order for a shareholders’
meeting to commence and the other for a matter at the meeting to be considered. 2
1
Cassim FHI et al The Law of Business Structures (Juta Cape Town 2012) 285.
2
South African Broadcasting Corporation Ltd v Mpofu [2009] 4 All SA 169 (GSJ).
A quorum is the minimum number of qualified persons whose presence at a meeting
is necessary before any business may be validly transacted at the meeting. 1 The Act
specifies two quorum requirements: one must be satisfied in order for a shareholders’
meeting to commence and the other for a matter at the meeting to be considered. 2
1
Cassim FHI et al The Law of Business Structures (Juta Cape Town 2012) 285.
2
South African Broadcasting Corporation Ltd v Mpofu [2009] 4 All SA 169 (GSJ).
