Board meeting after incorporation

jeets (CS ) (461 Points)

13 July 2010  

Hello,

A  private company is incorporated on 25th August 2009, Can the company hold its first board meeting on October 2009.

Section 285 states there should be meeting ever quarter, in the above circumstance Quarter-2 meeting has been missed out, however since the company is incorporated in August would be it fine to hold the first board meeting in October

Please advice.

Thanks