Question

At the start of the director's meeting of the Ghana Upstream Petroleum Chamber, there were 3 directors as required by the companies regulations-to constitute a quorum. Half way through the meeting, one of the directors, Mr. Sarpong, received a call and had to leave the meeting. The remaining 2 directors continued with the meeting and reached a resolution to expand the company's product line. The resolution passed by the two remaining directors

Answer 1

is still valid as they constituted a quorum at the time the resolution was passed. However, it is important for the company's regulations to be reviewed to ensure that there is a provision for situations where a director has to leave a meeting unexpectedly. This will help to ensure that the decision-making process of the company is not hindered in such situations.

Answer 2

Typically, a quorum must be maintained throughout the meeting for any resolutions to be valid. If a director leaves the meeting and the number of directors present falls below the required quorum, any decisions or resolutions made after that point may not be considered valid.

In this case, since Mr. Sarpong left the meeting and only two directors remained, the meeting may not have had a valid quorum for passing the resolution to expand the company's product line. It is recommended that the organization consult its regulations or bylaws, as well as seeking legal advice to determine the validity of the resolution and the appropriate course of action.