Board meetings not held

jeets (CS ) (461 Points)

26 July 2010  

Hello Everyone,

I'm working on a company incorporated on 27th November 2007, We don't have records for any board meetings minutes held so far. What kind of consequences would we face in this cirumstance ?

If I were to start preparing the minutes would I need to prepare from the date of incorporation or the minutes for the current financial year will do?

Can someone provide me with an item of minutes of a board meeting where nothing signifcant was discussed. Or some kind of dummy item to include in minutes?

Thanks

Best Regards

Jeets