Adjourned board meeting

CA Shilpa B B (Student) (132 Points)

20 November 2012  

Hi everybody,

Could you please help me in understanding the following sentence(regarding board meeting) which is red in font ?

"  The department has clarified in connection with section 285 that it would not raise any objection if an adjourned Board meeting is held on ‘a public holiday, for the convenience of the directors although it considers that an original meeting should also normally be held only on working day.” [ letter no 8/11 (285) 63-PR dated 2-1-1963).

As we know, If a meeting of the Board could not be held for want of quorum, then, unless the articles otherwise provide, the meeting shall automatically stand adjourned till the same day in the next week, at the same time and place, or if that day is a public holiday, till the next succeeding day which is not a public holiday, at the same time and place.