Quarterly meeting of Board of Directors

yes.. its mandatory to hold a board meeting in every quarter..

bt the company is conducting 4 meeting already...is it nt enough..????

As per section 285 of the cpmpanies act, 1956 it is mandatory for a company to conduct a board meeting in each quarter.

If you conduct 4 board meeting in a months then this is not the correct compliance of section 285.

Section 285 is about at least one board meeting in each quarter.

Revert if there is any doubt.

now its very clear...

ya agree with ankur garg sir, as per section 285, "Board to meet at least once in every three calender Months", which means company shall at least one Board meeting in every Quarter.....

I too agree with Ankur Garg sir, but I would like to know that what if sec 285 is not complied means what will be its Consequences on not having a Board meeting at least one board meeting in each quarter
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Originally posted by : AFZAL SHERJI
	I too agree with Ankur Garg sir, but I would like to know that what if sec 285 is not complied means what will be its Consequences on not having a Board meeting at least one board meeting in each quarter  .

Then in that case residuary penalty under section 629A would be attracted.

ya, Mr. Ankur Garg is right