Regarding Holding the Board Meeting other than Regd Off

This query is : Resolved

Guest

Guest (Querist)

28 May 2010 Dear Experts,

ABC Private Limited is based in Mumbai.

The company has two directors and no employees.

The two directors are in Hyderabd.

Query :

As there is no restriction for BM, can we mention in the MINUTES (while preparing), the place of address i.e. Hyderabad Address, where these directors are holding the BM.

Experts may confirm my understanding and guide on the matter.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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29 May 2010 AGM IS REQUIRED TO BE HELD AT REGISTERED OFFICE AND NOT BOARD MEETINGS. SO, YES YOU CAN MENTION HYDERABAD ADDRESS AS THE PLACE WHERE BOARD MEETING IS HELD.

Vikram Kothari

Vikram Kothari (Expert)
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30 May 2010 Yes can be hold there.

Acc. To S. 301 register of contract shall be placed in each BOD meeting & if we hold BOD meeting o/t registered office it would involve removal of register outside the registered office. Since register should be kept at RO hence it seems that we can held meeting only at RO. But DCA has allowed co. to remove register of contracts provided 1. Adequate notice to shareholder is given 2. Inspection of register is allowed to share holders.

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