Please seggest what is the legal provision For Convening The Board meeting (Time Limit Calculation )
3 months computed from the date of the adjurned metting held
or
3 months from the date when the original meeting was adjurned for want of Quorum .?
3 Replies
Himanshu Gupta
(Article Assistant)
(39 Points)
Replied 08 May 2010
Board meeting should be held in every quarter. i.e one board meeting in Jan to Mar, other in April to June & so on. If one board meeting is adjourned in a quarter and the same held in the another quarter, then also Sec. 285 is not contravened[Sec. 288(2)]
CS Jithesh (ACS,)
(COMPANY SECRETARY )
(485 Points)
Replied 08 May 2010
The Adourned board meeting for quorum has to be constituted in the same day same venue and at the same time on next week.
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 14 May 2010
i agree with Mr. JITESH.
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