Board meeting on public holidays

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purshotam vyas (Querist)
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11 November 2013 Dear all,

We have informed to Stock exchange regarding board meeting for quarterly unaudited financial result dated 14.11.2013 by mistakly but 14 nov is public holiday so whould we inform to stock exchange for changing board meeting date or should held board meeting on 14 nov. ?

Thanks

CA.Shubhneet Kaur

CA.Shubhneet Kaur (Expert)
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11 November 2013 Board Meeting can be held on any day including public holiday.

Ajay Mishra

Ajay Mishra (Expert)
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11 November 2013 Yes, very much possible.

I am doing the same on Muharram day.

Board meetings are normally held during business hours and on a day, which is not a public holiday. However, a Board meeting may validly be held on public holiday. Department has clarified vide Letter No. 8/11(285)/63-PR, dated 2-5-1963 that it would not raise any objection if an original Board meeting is held on a public holiday for the convenience of the directors although it considers that an original Board meeting should normally be held only on a working day.

purshotam vyas

purshotam vyas (Querist)
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11 November 2013 Thanks for clarification both of you expert.

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