Question

State the following statement is True or False.

21 clear days notice should be given is case of Board Meeting.

• A. True
• B. False

Answer 1

The correct option is B False

This statement is False because of the following reasons:

(i) Notice refers to a formal invitation in writing indicating the day,date ,time and place attend meeting.

(ii) The chairman of the board is the proper authority to convene Board Meeting.

(iii)To conduct Board Meeting, a notice of reasonable period should be given.

(iv) However, the company 's Article of Association can provide a definite period of notice case of board meeting.

Thus, there is no need to serve 21 clear days notice in case of Board Meeting.