Board meetings

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Simranjeet Singh (Querist)

30 May 2014 Hello members,
The new companies act states that"A company needs to 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"
I want to confirm can a company hold all 4 board meeting itself in Quarter 4

Guest

Guest (Expert)

30 May 2014 you can have n no of meetings provided that u have to fulfil the said criteria....

it provides min, no of meetings not max no

Message likes : 1 times

Simranjeet Singh

Simranjeet Singh (Querist)

30 May 2014 The min number is 4, Can i hold all 4 meeting in a single quarter or a single month and do not hold meetings in remaining 11 months

Guest

Guest (Expert)

30 May 2014 you cant na then it will have against the rule of 120 days....

Simranjeet Singh

Simranjeet Singh (Querist)

30 May 2014 Dear Mr. Ankit,
The act states that not more than 120 days has elapsed between 2 consecutive meetings. Here the elapsed time between 2 meeting is less than 120 days, if i hold all 4 meetings in a single quarter.

Guest

Guest (Expert)

30 May 2014 ya .. m sory we can ... i wil confirm it back...

i hadnt read carefully that u had write if i held all 4 meetings...

Simranjeet Singh

Simranjeet Singh (Querist)

30 May 2014 Pl. confirm me the same at your earliest

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