if company incorporate
1/4/2017
whether it requires 4 BM in Year 2017
7 Replies
Anjali lakra
(473 Points)
Replied 24 October 2017
As per companies act.. the board shall meet atleast 4 times every year and as per ss 1 board shall meet atleast once jn every calendar quarter.. that means the board shall meet atleast 4 times in each calender year. so in your.. there will be 3 quarters as company incorporated on 01.04.2017.. there is no requirement for 4 BMs in 2017.
Deepika Mehta
(13 Points)
Replied 24 October 2017
4 meeting mandatory with the gap of not more than 120 days during financial year 2017-18
Rahul
(Practice)
(19 Points)
Replied 07 November 2017
first meeting within 30 days from incorpn and rest in every calaender quater.. total becomes 4.. hence law comply..!!
Rahul
(Practice)
(19 Points)
Replied 07 November 2017
example first meeting on 20 april..as per 173(1)
and in MAY 2nd meeting...in JULY 3rd.. and in DEC4th..
and in MAY 2nd meeting...in JULY 3rd.. and in DEC4th..
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