Q. What is compliance regarding Board Meetings?
Agam Gupta March 30, 2016 766 Views
At least four board meetings need to be held in a year, and, at least, one meeting needs to be held every quarter. The presence of the directors is needed for the meeting. Quorum is 1/3rd or 2 Directors whichever is greater. The meetings need to be logged and the signed minutes need to be maintained at the Registered Office.