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

    Question

    Under the Companies Act what is the notice period for

    the purpose of calling a Board meeting which should be sent in writing to every director at his address registered with the company?
    A Less than seven days Correct Answer Incorrect Answer
    B More than seven days Correct Answer Incorrect Answer
    C Not less than three days Correct Answer Incorrect Answer
    D Not less than seven days Correct Answer Incorrect Answer

    Solution

    Not less than seven days, Section 173. Meetings of Board: (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.

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