Query related to conduct of board meetings

CS Ambrish (Comp-Secretary) (175 Points)

07 March 2011  

Hey Frens can some one clear this doubt ....

A Company has planned to conduct two separate board meetings on consecutive days ...that is on two separate days....and whether the directors are eligible for the prescribed sitting fees of 20k for each day ...which might total to 40 k for 2 days with 2 meetings ..there is no mention about the same in the provisions and the law is silent on it ...it doesn violate any provisions right !!?