Yamini (SERVICE) (28 Points)
30 June 2018Suppose the company did not conduct a BM within 120 days, what is the remedy and consequence? Is there any penalty or can they go for compounding? There was a delay of 8 days in holding the meeting
P.S. - Meanwhile meetings of committee of board of directors have been held in between. Will it make any difference?
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 01 July 2018
| Originally posted by : Yamini | ||
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Suppose the company did not conduct a BM within 120 days, what is the remedy and consequence? Is there any penalty or can they go for compounding? There was a delay of 8 days in holding the meeting P.S. - Meanwhile meetings of committee of board of directors have been held in between. Will it make any difference? |
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Penalty arise under section 173 (3) & (4 ) of Rs. 25K every officer who is liable to sent BOD meeting notice
Second Clear Committee of Board whether it's audit committee or any other committee
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
CAclubindia
