A quorum is the minimum number of people required at a meeting for the decisions made to be considered valid. Unless otherwise specified in the corporate constitution, under the Corporations Act 2001, a quorum is two members. As a general rule, if a quorum is not present, the meeting cannot proceed. There may, however, […]
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Starting up a business can be an exciting, yet tricky process and it is essential to get your legal affairs in order early on. We set out five key legal requirements for your start-up to help make sure you get off to the right start. 1. Choose the right business structure: there are a variety of options
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