Question

As per Section 173 of the Companies Act, 2013, how many board meetings must be held every year?

• A. 3 board meetings
• B. 4 board meetings
• C. 5 board meetings
• D. 2 board meetings

Answer 1

The correct option is B 4 board meetings

As per section 173(1) of the act, every company shall hold the first meeting of the Board of Directors within thirty days of the date of its incorporation and thereafter hold a minimum number of four meetings of its Board of Directors every year in such a manner that not more than one hundred and twenty days shall intervene between two consecutive meetings of the Board.