Regarding board meeting as per companies act 2013

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Pratiksha khandelwal (Querist)
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07 August 2014 Dear Sir

As per companies act, 2013, board meeting should have maximum difference of 120 Days.

Does this mean that First board meeting can be held till 30/07/2014 for F.Y. 2014-15.

Ankur Garg

Ankur Garg (Expert)
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07 August 2014 No. It does not mean that.

120 days will be calculated from last board meeting.

For example date of last BM was March 01, 2014 then you should hold your next BM upto June 29, 2014.

I hope you'll understand the calculation. Revert if there is any doubt.

Thanks