As per company's act 2013 there would be 4 BOD meetings in a year .
Please suggest me here the meaning of year is with F.Y. or calendar year?
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4 board meeting in fy or calendar year
Replies (7)
| Originally posted by : joshineha4807 @ gmail.com | ||
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As per company's act 2013 there would be 4 BOD meetings in a year .Please suggest me here the meaning of year is with F.Y. or calendar year? |  |
| Originally posted by : joshineha4807 @ gmail.com | ||
|
As per company's act 2013 there would be 4 BOD meetings in a year .Please suggest me here the meaning of year is with F.Y. or calendar year? | |
Every company shall hold minimum 4(four) board meetings each year. Here "year" means calendar year (from January to December) and not financial year of the company. Gap between Two consecutive board meetings: not more than 120 days. Companies act 2013: This provision is prescribed under section 173(1).
| Originally posted by : Ruchika Somani | ||
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Originally posted by : joshineha4807 @ gmail.com As per company's act 2013 there would be 4 BOD meetings in a year .Please suggest me here the meaning of year is with F.Y. or calendar year? obviously FY |
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@ Ruchika Please don't put your views (Like Tukka)
thanks I'm satisfied with your answer and comment.
As question asked by u is the financial year of the company and no matter whats financial year is because financial year is depend on company to company
Its calendar year. refer Secretarial Standard -1 -(2.1)-frequency of meeting
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