AGM and Board Meeting
This query is : Resolved
Dinesh Gupta
(Querist)
07 March 2010
How many AGM and Board meeting as per company low in a year, pls details me.
CA Ravi Sisodia
(Expert)
07 March 2010
Bord meeting - minimum 4 in a year, one in per quarter.
Bord meeting - minimum 4 in a year, one in per quarter.
Dinesh Gupta
(Querist)
07 March 2010
How many AGM and Board meeting as per company low in a year what u/s of act 1956.
If Board Meeting not requierd or not possible when penalty atract, What U/s of 1956
If Board Meeting not requierd or not possible when penalty atract, What U/s of 1956
CA Robin Betala
(Expert)
07 March 2010
As per section 166 and 210
AGM should be held
1) 15 months time from last AGM
2) 6 months from the close of Financial year
Which ever earlier
Board Meeting
As per section 285
Must be held in
1) 4 times in year and
2) one in each quarter
Penalty
As 168 - Contravention of sec 166 not holding AGM is Rs 50000 and further fine of rs 2500 per day
AGM should be held
1) 15 months time from last AGM
2) 6 months from the close of Financial year
Which ever earlier
Board Meeting
As per section 285
Must be held in
1) 4 times in year and
2) one in each quarter
Penalty
As 168 - Contravention of sec 166 not holding AGM is Rs 50000 and further fine of rs 2500 per day
Message likes :
1 times
Ankur Garg
(Expert)
08 March 2010
Agree with experts.
AGM is governed by section 166 and board meeting is governed by section 285.
AGM is governed by section 166 and board meeting is governed by section 285.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GSTR-9C filing
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Gift to nri relatives residing in usa
- Form 144 TDS Return Validation Error – Mandatory Fields
- IMS (import of goods) ITC related
- Advances to related party
- How do you manage client document collection and follow-ups in your CA/CS practice?
- LLP audit and disclosure
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
