29 July 2010
According to Section 288(1) an adjourned board meeting can not be held on public holiday. The company law board advised that section 288 does not prohibit a company from holding its original board meeting on public holiday.
288. PROCEDURE WHERE MEETING ADJOURNED FOR WANT OF QUORUM. (1) If a meeting of the Board could not be held for want of quorum, then, unless the articles otherwise provide, the meeting shall automatically stand adjourned till the same day in the next week, at the same time and place, or if that day is a public holiday, till the next succeeding day which is not a public holiday, at the same time and place.