Board meeting

Ashish Sharma (Service)     21 March 2014

Section 173 of CA 2013 says "Every company shall hold the first meeting of the Board of Directors within thirty days of the date of its incorporation and thereafter hold a minimum number of four meetings of its Board of Directors every year in such a manner that not more than one hundred and twenty days shall intervene between two consecutive meetings of the Board"

please let me know whether "every year" in above section means Jan to Dec or the year starts with incorporation month,

eg. if Company incorporated in Nov. then should I count every year from Jan to Dec or Nov to Oct. Second query is whether in first year minimum four meetings includes first board meeting or not, the confusion due to word line " and thereafter hold a minimum number of four meetings of its Board of Directors every year"