Under Section 173 of the Companies Act, 2013, in the case of every company, the Board of Directors shall meet -

Section 173(5) of the Companies Act, 2013 provides that in the case of every company, the Board of Directors shall meet at least four times in a year and the maximum interval between any two meetings shall not exceed one hundred and twenty days. Sub-section (1) requires the first meeting of the Board to be held within thirty days of the date of incorporation, and sub-section (2) allows a director to participate in a meeting through video conferencing or other audio-visual means as may be prescribed. The requirements of four meetings per year and the 120-day interval are mandatory, and their contravention attracts penal consequences.