AGM and Board Meeting

This query is : Resolved 

07 March 2010 How many AGM and Board meeting as per company low in a year, pls details me.

07 March 2010

Bord meeting - minimum 4 in a year, one in per quarter.

07 March 2010 How many AGM and Board meeting as per company low in a year what u/s of act 1956.

If Board Meeting not requierd or not possible when penalty atract, What U/s of 1956


07 March 2010 As per section 166 and 210
AGM should be held

1) 15 months time from last AGM
2) 6 months from the close of Financial year

Which ever earlier


Board Meeting
As per section 285
Must be held in
1) 4 times in year and
2) one in each quarter

Penalty
As 168 - Contravention of sec 166 not holding AGM is Rs 50000 and further fine of rs 2500 per day


08 March 2010 Agree with experts.

AGM is governed by section 166 and board meeting is governed by section 285.



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