time limit for conducting 1st Board meeting

This query is : Resolved 
 

(Querist) 15 January 2009

Pls can anyone tell me time limit for conducting 1st Board meeting for Private limited company.



Thanks in advance


CS Arpita Rajpurohit (Expert) 16 January 2009

there is not time limit as such for holding of first board meeting. the only need is to hold atleast 1 meeting in every quarter. moreover, the Act says that 1st Auditors should be aapointed within 1 month of incorporation. so that way u need to hold 1st board meeting within 1 month for App. of Auditors.

CA. B.SRINIVASULU (Expert) 25 January 2009

Within 30 days from the date of incorporation. ie date mentioned in certifiate of incorporation by the registarar of companies.



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