Board meeting coukd not be geld for want of quorum

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AKSHAY (Querist)
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23 March 2015 earlier in companies act 1956 there was section 288 stating that if board meeting could not be held for want of quorum the meeting can be adjourned & held at same day,time,place and now in companied act 2013 it is also there in section 174(4) but there are different view points of authors like in munish bhandari sir's book it is provided that it woud be deemed to be cntravention of section 173(3) if board could not be held for want of quorum whereas institute has different point of view and still beleives there is no contravention ..who do we follow ???

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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23 March 2015 http://www.mca.gov.in/MCASearch/search_table.html

icai is correct...u can check this link which is of mca website followed by icai in its material.