Quorum for Hong Kong company meetings

Quorum for Hong Kong Company Meetings

A quorum is the minimum number of people required to be present for a meeting to be valid. In the context of a quorum hong kong company meeting, the requirement is set out in the company's articles of association. Without a quorum, any resolutions passed at the meeting are invalid. The Companies Ordinance (Cap. 622) provides default rules if the articles are silent.

Directors' Meeting Quorum Hong Kong

For a board meeting, the default rule under Cap. 622 is that the quorum is two directors. The articles of association may specify a different number, including a single director where the company has only one director. The company secretary should record the quorum in the minutes of the meeting. If the quorum is not present within a reasonable time, the meeting must be adjourned.

Members' Meeting Quorum Hong Kong

For a members' meeting, including the annual general meeting, the default quorum under Cap. 622 is two members present in person or by proxy. The articles may set a higher or lower minimum number. Where a member appoints a proxy, that proxy counts towards the quorum. If a quorum is not present within 30 minutes of the appointed time, the meeting is adjourned.

Cap 622 Quorum

Section 662 of the Companies Ordinance (Cap. 622) sets the default quorum for directors' meetings at two directors. For members' meetings, section 584 provides that two members present in person or by proxy constitute a quorum. These defaults apply only where the articles of association do not provide otherwise. The articles remain the primary document governing quorum requirements for any valid meeting.