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Board meeting on a national holiday

Meetings 6238 views 5 replies

Nageswar Rao AS

PCS

25 Points Joined June 2013

A Board Meeting can not be called on a National Holiday(SS1: 1.2.2)

As per explanation to section 96(2) of the companies Act 2013, : National Holiday: means and includes a day declared as national Holiday by the Central Government.

There are three national holidays in India: Independence Day on 15 August, Mahatma Gandhi's birthday on 2 October, and Republic Day on 26 January.

Board meetings are not barred to be held in abraod.

If such is the case, whether a Board meeting can be held outside India on any of the dates mentioned above?

Replies (5)

mohammad rasool baig

Management Consultant

1026 Points Joined August 2012

On national holiday, if the company is registered in India then company cannot held board meeting...Then where the meeting to be held question will not arise.... So the above scenario will not be valid...

CS Divesh Goyal

Practicing Compnay Secretary

53760 Points Joined May 2013

I agree with mohammad ji that Indian registered company cant hold BM on national holiday,

CS Vivek Sharma

Practising Company Secretary

424 Points Joined December 2014

I just want to know that where it is mentioned that a company cant holds its BM on National Holiday. In SS it is mentioned but in Act the prohibition is only for Adjourned BM.