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THE COMPANIES ACT, 2013 _____ ARRANGEMENT OF SECTIONS Last update-29-7-2022 _____ CHAPTER I PRELIMINARY SECTIONS 1. Short title, extent, commencement and application. 2. Definitions. CHAPTER II INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO 3. Formation of company. 3A. Members severally liable in certain cases. 4. Memorandum. 5.
5 days ago · Section 173(1) shall apply to section 8 companies only to the extent that the Board of Directors, of such Companies shall hold at least one meeting within every six calendar months vide notification no. G.S.R. 466(E) dated 5th June, 2015.
Jul 20, 2022 · Discover the importance of Section 173 of Companies Act 2013 for board meetings. Learn how it governs decision-making and actions of company directors.
Mar 23, 2023 · Non-compliance with Section 173 of the Act. Section 450 of the Companies Act, 2013 states the penalty provision for non-compliance with any provision of the Act. Same as Section 173(4) of the Act, this Section also states the penalty.
Section 173 in The Companies Act, 2013. 173. Meetings of Board.—. (1) 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 ...
The mandatory requirement of holding meetings of the Board of the companies within the intervals provided in section 173 of the Companies Act, 2013 (CA13) (120 days) stands extended by a period of 60 days till next two quarters i.e., till 30th September.
The Companies Act, 2013 Chapter-XII Meetings of Board and Its Powers Section 173: Meetings of Board. *173. (1) 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
Section 173 (3) in The Companies Act, 2013. (3) A meeting of the Board shall be called by giving not less than seven days’ notice in writing to every director at his address registered with the company and such notice shall be sent by hand delivery or by post or by electronic means: Provided that a meeting of the Board may be called at ...
Section 173 [ View Judgements] Meetings of Board 1[(1) 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 ...
INTRODUCTION. This Standard prescribes a set of principles for convening and conducting Meetings of the Board of Directors and matters related thereto. SCOPE. irector on its Board and a company licensed under section 8 of the Companies Act, 2013 or corresponding provision.
