Section 173 of the companies act 2013-board meetings-reg

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Ravi Sekar Reddy (Querist)
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16 March 2015 Dear Members,

A Public Limited Company has conducted Board Meetings on the following dates:

1st Meeting - 26.03.2014

2nd Meeting - 23.06.2014

3rd Meeting - 06.09.2014

4th Meeting - 29.12.2014

Can the company conduct the next board meeting in the month of April - 2015(before 120 days of the previous meeting)

Please clarify.

Thanks.

Nayak

Nayak (Expert)
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16 March 2015 No. As per section 173 of the CA 2013, Company shall have atleast 4 Board meeting in a financial year provided gap between two Board meeting shall not exceed 120 days. Next Board meeting can be held within 31.03.2015