Quorum Dispensed
Quorum Dispensed refers to a situation where a decision or action is taken by a body, such as a board of directors or a committee, even though the minimum number of members required for a quorum was not present or formally met.
Tumisang Bogwasi
Tumisang Bogwasi
What is Quorum Dispensed?
In corporate governance and decision-making bodies, the concept of a quorum is fundamental. It establishes the minimum number of members required to be present for a meeting to be valid and for any votes taken to be binding. A quorum ensures that decisions are made by a representative group, preventing a small minority from dominating proceedings.
However, situations can arise where the formal requirements for a quorum are not met, or where the body needs to proceed without achieving one. This is where the idea of a
