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(ss-1/sec. 173) notice and agenda of bod meeting
As per SS-1 Notice and Agenda are required to be sent 7days before the Board Meeting applicable from 1st July, 2015. But, if board meeting is called on shorter notice , is it that we can give agenda also with notice at shorter time . what if prov. not complied ? as act shows the penalty of Rs. 25,000/- only in case of not serving notice as per prov., or is it applicable for agenda also???
Replies (1)
SS-1 also provides for shorter period [Refer Clause 1.3.11].
SS-1 is mandatory u/s 118(10). Penalty for non-compliance is given in Sec.118(11).
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