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      Question

      Section 173 of the Companies Act, 2013 mandates that a

      minimum of four board meetings should be held in a year with a gap of not more than ___ days
      A Thirty days Correct Answer Incorrect Answer
      B Sixty days Correct Answer Incorrect Answer
      C Ninety days Correct Answer Incorrect Answer
      D One hundred and twenty days Correct Answer Incorrect Answer
      E One hundred and eighty days Correct Answer Incorrect Answer

      Solution

      Section 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 days shall intervene between two consecutive meetings of the Board.

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