Can a board meeting take place on national holiday?
Yes Board Meeting can be called on any-day, as no such restriction is there as per Companies act. Only Restriction is it can’t be held on National Holiday i.e., 26th of January, 2nd of October and 15th of August.
Can board meeting be held anywhere?
There are no restriction in the Companies Act, 2013 with respect to the time and place for conducting a Board Meeting. The Board Meeting can be held at any place in India or even outside India. As per the Act, it is important to have place statutory registers and records during the Board Meeting.
Can a company hold board meeting on Sunday?
A Meeting may be convened at any time and place, on any day, excluding a National Holiday. A Meeting adjourned for want of Quorum shall also not be held on a National Holiday.
When should board meeting be held?
Every company shall hold the first meeting of the Board of Directors within 30 days of the date of company incorporation. A minimum number of 4 meetings of its Board of Directors shall be held every year in such a manner that not more than 120 days shall intervene between two consecutive meetings of the Board.
Can non directors attend board meetings?
Must directors attend a board meeting in person? Unless required by the articles, it is not necessary for directors to attend board meeting physically in person—directors may attend board meetings by dialling in to conference calls or video calls or by using any other methods of real time communications.
Can board meeting be held through video conferencing?
Section 173(2) of the Companies Act, 2013 allows directors to participate through video conferencing or other audiovisual means in the meetings of the board, which are capable of recording and recognizing the participation of directors and recording and storing the proceeding at such meeting along with date and time.
Can a non directors attend a board meeting?
Can board meeting be held electronically?
Can a board meeting be held without a company secretary?
1 Any Director of a company may, at any time, summon a Meeting of the Board, and the Company Secretary or where there is no Company Secretary, any person authorised by the Board in this behalf, on the requisition of a Director, shall Page 23 GUIDANCE NOTE ON MEETINGS OF THE BOARD OF DIRECTORS 10 convene a Meeting of …
Are board meetings a legal requirement?
There is no legal requirement to hold any board meetings in a private limited company, but it is common practice to hold such meetings at regular intervals if a company has more than one director. Furthermore, it is beneficial to hold a meeting of the directors within one month of company formation.
Can a non Directors attend a Board Meeting?
Can anyone attend a board of directors meeting?
Normally, non-director officers may be invited to attend all or particular meeting of the board, especially the secretary of the corporation for the purpose of keeping minutes of the proceeding. Also, outside counsel of the corporation are frequently invited to attend.
Can board meeting be held on any day or time?
There are no restrictive or directive provision under Companies Act, 2013 that restricts or elaborates on day or time when Board Meeting can be held. Irrespective of any day or time Board Meeting can be called.
Can general meeting be held on national holiday?
The detailed analysis of the chart is here under: As per Companies Act, 2013 the Original General Meeting cannot be held on national holiday. Surprisingly, the Adjourned General Meeting can be held on national holiday. Furthermore, adjourned Board meeting cannot be held on national holiday.
When is an adjourned meeting deemed to have been held?
In case of adjournment of the meeting, it shall be deemed to have been held on the date on which it was started and not on the date when the adjourned meeting was held. 3. Notice of Board Meeting Section 173 (3) of the Companies Act, 2013 stipulates that a meeting of the Board of directors shall be held after giving minimum seven days notice.
What is the procedure for holding a board of Directors meeting?
Notice of Board Meeting Section 173 (3) of the Companies Act, 2013 stipulates that a meeting of the Board of directors shall be held after giving minimum seven days notice. The notice shall be given in writing to every director at his address registered with the company and such notice shall be sent by hand delivery or post or by electronic means.