Section 290 CAMA 2020

Section 290 Companies and Allied Matters Act is about Quorum. It is under Chapter 11 (Directors) of the Act.

(1) Unless the articles provide otherwise, the quorum necessary for the transaction of the business of directors are two where there are not more than six directors, but where there are more than six directors, the quorum is one-third of the number of directors, and where the number of directors is not a multiple of three, then the quorum is one third to the nearest number.

(2) Where a committee of directors is appointed by the board of directors,the board shall fix its quorum, but where no quorum is fixed, the whole committee shall meet and act by a majority.