if company incorporate
1/4/2017
whether it requires 4 BM in Year 2017
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sec 173(1) board meeting
Replies (7)
As per companies act.. the board shall meet atleast 4 times every year and as per ss 1 board shall meet atleast once jn every calendar quarter.. that means the board shall meet atleast 4 times in each calender year. so in your.. there will be 3 quarters as company incorporated on 01.04.2017.. there is no requirement for 4 BMs in 2017.
3 board meetings will be enough..
3 board meetings will be enough..
3 board meetings will be enough..
4 meeting mandatory with the gap of not more than 120 days during financial year 2017-18
first meeting within 30 days from incorpn and rest in every calaender quater.. total becomes 4.. hence law comply..!!
example first meeting on 20 april..as per 173(1)
and in MAY 2nd meeting...in JULY 3rd.. and in DEC4th..
and in MAY 2nd meeting...in JULY 3rd.. and in DEC4th..
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