Under the general rule in section 173(1) of the Companies Act, 2013, a company to which no exemption or…
Four Board meetings per year are required by the general rule in section 173(1) of the Companies Act, 2013. The same subsection limits the interval between consecutive…
Choose your answer
Under the general rule in section 173(1) of the Companies Act, 2013, a company to which no exemption or relaxation applies must conduct a minimum of __________ in every year.
Answer and explanation
Correct answer C
Four Board meetings per year are required by the general rule in section 173(1) of the Companies Act, 2013. The same subsection limits the interval between consecutive meetings to 120 days; statutory relaxations and exemptions apply to certain companies.
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