Board meeting held without maintaining minimum gap of 90 day

This query is : Resolved

ARTHI (Querist)
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11 September 2015 Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

A small Private Limited Company has held Board Meeting on 01/08/2015 for the appointment of Additional Director.
On 01/09/2015, the said Company held another Board Meeting for the Approval of Accounts, Directors’ Report and Convening AGM on 30/09/2015.

Query

Please confirm, whether the Board Meeting on 01/09/2015 is legally permitted or restricted or the Company should wait to comply the minimum gap of 90 days between the two Meetings of the Board as stipulated in SS-1 of ICSI.

Your reply, please..............

Thanks in advance for possible replies from all concerned.

Pratik Shah

Pratik Shah (Expert)
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12 September 2015 Where did you find such provision? In the Act as well as SS, there are no provisions which says that minimum gap between two consecutive board meetings shall be 90 days.

I can conduct two board meetings in two days.