Etegn. 50, The Chai man. if any, of tlte Board shall preside as chajnnan at every general meeting of the company.
lRegm. 51. If there is no such chairman or if he is not present within fifteen minutes after the time appointed for holdingthe meeting, or is umv iiiing to act as chairman of the meeting, the directors present shall elect nnc of their m lmber to be chairman of the meetnng.
Rebel. 52. If at anv meeting no director is willmg to act as chairman or if no director is present within fifteen minutes after the time appointed for holding the,meeting, the members present shall choose one of their number to be chairman of the meeting. :
DlSlNTEQEST eO QUORUM :
Regarding the effect of absence of quorum in a general meeting, the
234 I 'S: SECRETARlAL PRACTICE
following provisions of Sec. 174 of the Companies Act Dial Articles provide otherwise:
1. If there is no qoolllm witlun half an hour of the time app. holding meeting, the meeting wd I stand adjourned to he
day en the next week, at the same time, unless the Board decothenvise If no quonim is present fit tile adjourned meeting NiU half an hour, the members present shall ccnstltt;te a q iomn..
Z. In the ease of a meeting requisitioned by members, the meeti- g shall stand dissolved ffthere is no quorum within hart an hour appall ted time Seciion 287 of the Connpanies Act lays down the quorum of Ecard meetings as: one-third o f the total strength of the Board (any fraction yet lo rounded oft Is one) or two directors.Witere the numb t of interested directors' exceeds or is equal to,two-thirds of the total siren -tlie number of remaining (-interested) directors present at the meetir e being not less than two. shall be tile quorum at such time. The 'total strength of the Board is lo be determined after excluding the number of directors whose places may be Iying.vaca Dt at the time. Via Board meeting cannot be held for want of quorum; it is automatically adjourned to tile same day in the next week at the same tinne and place, umlless the Articlcs provide othernisc.
POSTPONEMENT AND ADJOURNIIIENT OF MEETING
Q. S. Wrife a note on Postponement 'tncl Ad,journnient of meeting. (Delhi 1997) Ans. Posfponemcnt. A meeting once it has been properh convened cannot be postponed or cancelled by a subsequent notice unless the rules (Articles) specifically provide for it if, for some justifiable reason, it is found impossible to transact any business of the meeting on the scheduled date the proper procedure would be to hold the meeting at the date,: place and tim. stated in the notice and then adjourn the meeting without transacting am business. In thatcase the rules regarding adjourumentwill apply. If a meetly is not properly Omened, then such a Beeline cannot be held at Al and it has to be cancelled. The procedure for adjournment or postponement it

235 YiNG'S: SECRETARIAL PRACTiCE
of sh -res. receipts and payments of cash, preliminary expenses, details :