New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    First meeting of a company is held within_______ days of

    its incorporation?
    A 60 days. Correct Answer Incorrect Answer
    B 30 days Correct Answer Incorrect Answer
    C 15 days Correct Answer Incorrect Answer
    D 90 days Correct Answer Incorrect Answer
    E 7 Days. Correct Answer Incorrect Answer

    Solution

    As per Companies Act, 2013, S. 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 Directors every year in such manner that not more than one hundred and twenty days shall intervene between two consecutive meetings of the Board.   Snapshoot - Similar Question covered in Section Test of SEBI Legal Course of ixamBee

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