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BOD MEETING
Is there any relief for small companies in holding board meeting?
Replies (5)
A small company may hold only two board meetings in a year.i.e.one board meeting in each half of the year and the gap between two consecutive meeting shall not be less than 90 days.
Here,year means a calender year.
Here,year means a calender year.
Thank you
can you mention the section
can you mention the section
actually it is not mentioned in any section of the Act.it may be mentioned in rules or in notification.
SORRY I can't recognise where it is mentioned,but it is.
SORRY I can't recognise where it is mentioned,but it is.
sec 173 specifies this
If the company holds 4 board meeting , then what about minimum gap of 90 days between two consecutive meeting, will it be illegal if 2 meeting held with 60 days
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