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Question
As per Section 173 of the Companies Act, 2013,not more __________ shall intervene between two consecutive Board meetings.
As per Section 173 of the Companies Act, 2013,not more __________ shall intervene between two consecutive Board meetings.
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Solution
The correct option is B one hundred and twenty days
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.
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.
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