13 September 2014
Can a director of Private Co. by obtaining Leave of absence form the Board abstains himself form attending all the Board Meetings conducted in a Financial year.
Is there any expressive provisions prohibiting such activity in Companies Act 1956
13 September 2014
As per the provisions of Section 167 of Companies Act, 2013, every Director shall attend at least one Board Meeting from all the Board Meetings held during a period of twelve months.
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