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section 285

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 January 2011 the board of directors of a public co. met on three times in the previous year, the fourth meeting though called, but not held for want of quorum on two occasions successively. whether the company has contravene sec. 285 ? plz reply urgently.
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CS Taher

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CS Taher (Expert)
15 January 2011 No the provision of sec 285 shall not be contravene just for want of qorum....plse go through prov of sec 288(2).
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