Penalty under Section 629A is fine upto Rs.5000 and in case of conituing offence, Rs. 500 everyday.
Board Meetings
Page no : 2
kirti arora
(CS, CA IPCC)
(45 Points)
Replied 10 February 2010
Dear all sec 285 says that there should be a board meeting in every three month and four meeting to be held in every year. As per requirement of compliance certificate while looking for the compliance of the company a company secretary check the provision from 1st april to 31 march of the year. so 4 Board meeting should be held in a financial year of the company.
CA Harish Suwalka
(Chartered Accountant ( Bhilwara ))
(4125 Points)
Replied 13 February 2010
As per clause 49 of listing agreement the time gap between two board meeting can not exceed more than 4 months.
Please keep the same in mind while fixing the date of Board Meetings.
Recent Topics
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
Related Threads
CAclubindia
