BOARD OF DIRECTOR MEETING

Front

What is the minimum number of board meetings a public company must hold in a year as per the Companies Act, 2013?

Back

4

Front

What is the maximum gap allowed between two consecutive board meetings?

Back

120 days

Front

Which of the following companies is NOT required to hold a minimum of 4 board meetings in a year?
a) Private company
b) One Person Company (OPC)
c) Public company
d) Listed company

Back

One Person Company (OPC)

Front

A notice of board meeting must be sent to all directors at least how many days before the meeting?

Back

7 days

Front

Which section of the Companies Act, 2013, deals with board meetings?

Back

Section 173

Front

Who can convene a board meeting in the absence of the Chairman or Managing Director?

Back

Any director

Front

The quorum for a board meeting of a private limited company is generally? Options: a) 1/3rd of the total number of directors or 2, whichever is higher, b) 1/2 of the total number of directors, c) 3 directors, d) All directors

Back

1/3rd of the total number of directors or 2, whichever is higher

Front

Can board meetings be conducted through video conferencing, and under what conditions?

Back

Yes, subject to certain conditions.

Front

Which of the following matters cannot be decided in a board meeting held through video conferencing?
a) Approval of annual financial statements
b) Routine business transactions
c) Issuing shares
d) Appointing auditors

Back

Approval of annual financial statements

Front

Resolutions passed at a board meeting are recorded in:
a) Annual Return,
b) Minutes of Meeting,
c) Board Report,
d) Shareholder Register

Back

Minutes of Meeting