Sec 173 and 174
This query is : Resolved
14 April 2015
fourth board meeting in a year could not be held for want of quorum whether amounts to contravention u/s. 173 of companies act 2013 or not? practice manual and munish bhandari differs.please explain
20 April 2015
No, it is not a non-compliance of Section 173 provided you comply with Section 174(4) of the Act i.e. the adjourned meeting shall be held as per Section 174(4).
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