Calling of Board Meeting

Yes

It is compulsory to call BOARD MEETING and pass resolution for Making a call on partly paid shares..

Yes it is compulsory to call Board Meeting and pass resolution to make calls on shares. Section 292 has given certain powers which are to be exercised only at BOARD MEETING.

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 IT IS COMPULSORY UNDER SECTION 292  POWER VESTED ONTHE BOARD TO CALL A BOARD MEETING FOR CALLING UNPAID SHARE CAPITAL OF THE COMPANY

AS PER THE COMPANIES ACT 1956,

THE BOARD OF DIRECTORS ARE HAVING THE AUTHORITY TO CALL PARTLY PAID UP SHARES ,SUCH AN AUTHORITY CANNOT  BE DELEGATED TO ANY OTHER PERSON.

Yes

Yes, Demanding the CAll money is a decision to be taken by the BOD, in their meeting, ehich requires the board resolution to be passed.