A Pvt. Ltd. Co. incorporated in the month of November 2018,
suggest me relevant provision for Board Meetings for the calendar year 2018.
how to apply section 173.
3 Replies
Shubham Jain
(52 Points)
Replied 06 July 2019
As per Sec 173(1) 4 board meeting shall be held in every year, thus for those company which are incorporated in mid of year, year shall be considered subsequent to thier incorporation
ronak
( CS)
(40 Points)
Replied 06 July 2019
First board meeting within 30 days of incorporation and then convene and hold regularly 4 board meetings
There should not be a gap of more than 120 days between two board meetings
Shubham Jain
(52 Points)
Replied 06 July 2019
As per Sec 173(1) First board meeting shall be convened within 30 day from date of incorporation and 4 board meeting shall be held in EVERY YEAR , thus for those company which are incorporated in mid of year, year shall be considered subsequent to thier incorporation
In simple words you are required to convey only one board meeting within 30 days from date of incorporation for the calender year 2018.
In simple words you are required to convey only one board meeting within 30 days from date of incorporation for the calender year 2018.
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