01 February 2010
Hello , There should be atleast 4 board meetings to be held in the calendar year.The gap between the two meetings should not be more then 3 months. i.e Board meetings should be held in every Quarter ..
02 February 2010
Partly disagree with Neha. Gap may be in excess of 3 months as per companies act. However as per listing agreements The gap between the two meetings should not be more then 3 months.
There is no resrtiction on maximum no. of board meeting. Refer section 285 of companies act.
CAclubindia
