Board Meeting of a small company
Can a small company hold more than two Board meetings in a year ?
And gap between two Board meetings should not be lass than 90 days as per provision of section 173 must be complied with in such case also where company keeps four Board meetings in a year ?
Kindly clarify the provisional requirements.
Thanks in Advance
Every company shall hold the first meeting of the Board of Directors within thirty days of the date of its incorporation and thereafter hold a minimum number of four meetings of its Board of Directors every year in such a manner that not more than one hundred and twenty days shall intervene between two consecutive meetings of the Board: