Box Limited is a company engaged in the business of manufacturing papers. Kindly explain the provisions related to quorum in meeting as per the…

According to section 103 (1) of the Companies Act, 2013, unless the articles of the company provide for a larger number, in case of a public company: (1) five members personally present if the number of members as on the date of meeting is not more than one thousand, (2) fifteen members personally present if the number of members as on the date of meeting is more than one thousand but up to five thousand, (3) thirty members personally present if the number of members as on the date of the meeting exceeds five thousand, shall be the quorum for a meeting of the company. The term 'members personally present' as mentioned above refers to the members entitled to vote in respect of the items of business on the agenda of the meeting.