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      Question

      What is the time period within which the first meeting

      of the Board of Directors of a company should be held the date of its incorporation?
      A 7 days Correct Answer Incorrect Answer
      B 15 days Correct Answer Incorrect Answer
      C 30 days Correct Answer Incorrect Answer
      D 60 days Correct Answer Incorrect Answer
      E 90 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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