27 December 2016
under this section, there is a provision that every company shall hold 4 meetings of BOD every year.
here year means what??
calendar year or financial year
03 January 2017
Companies Act, 2013 does not specify whether it is calendar year or financial year. However Secretarial Standards -1 has clarified that it should be four meeting in a calendar year (Clause 2.2 of SS-1).
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