Hello Brethren,
My queries are,
1) Are there any minimum number of Board of Directors meetings required to be held in a year.
2) Apart from the events for which its specifically provided for in the companies act ,that a resolution is required in the board meetings, how would one decide that a certain matter requires a BOD resolution.
Regards
Prince
Hi Prince,
Here are the answers to your questions:
1. The Companies ACt provides that there must be such number of meetings so that atleast one meeting is held every three months and four meetings are held in a year.
2. A board resolution would be required only where required under the Companies Act, Memorandum of Association or Articles of Association.
Hope this helps...
Regards
SC
CAclubindia
