Section - 288 - Procedure where meeting adjourned for want of quorum
Procedure where meeting adjourned for want of quorum.288. (1) If a meeting of the Board could not be held for want of quorum, then, unless the articles otherwise provide, the meeting shall automatically stand adjourned till the same day in the next week, at the same time and place, or if that day is a public holiday, till the next succeeding day which is not a public holiday, at the same time and place.(2) The provisions of shall not be deemed to have been contravened merely by reason of the fact that a meeting of the Board which had been called in compliance with the terms of that section could not be held for want of a quorum.
Meetings of Board[Board to meet at least once in every three calendar months.285. In the case of every company, a meeting of its Board of directors shall be held at least once in every [three months and at least four such meetings shall be held in every year] :Provided that the Central Government may, by notification in the Official Gazette, direct that the provisions of this section shall not apply in relat .... To read the full section download the app from Google Play store
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