board meeting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 March 2010
is it complusory for a private limited company to hold board meeting once in every quarter? if any private company did not comply then what is the consequences under the indian companies act,1956?
please clarify with case law if any.
please clarify with case law if any.
CA Ravi Sisodia
(Expert)
17 March 2010
all companies required to full fill the conditions of secation 285.
Ankur Garg
(Expert)
17 March 2010
Yes BM in every quarter is mandatory for every company. In case of default residuary penalty under section 629A would be applicable.
Regards
Regards
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