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Question

The first meeting of the directors is held within _________ days from obtaining the certificate of incorporation.

A
30
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B
20
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C
15
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D
60
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Solution

The correct option is A 30
As per Section 173(1), Every company has to hold the first meeting of the Board of Directors within 30 days of the date of its incorporation by following Secretarial Standard -1 for holding of Board Meeting. This Standard is applicable to the Meetings of Board of Directors of all companies incorporated under the Act. The Company has to Issue a Notice of Board Meeting to all the directors of the company at least 7 days before the date of the Board Meeting by attaching the agenda of the meeting.
Thus the correct answer is A.

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