Jump directly to a section by number or title.
Section 173(1) shall apply to section 8 companies only to the extent that the Board of Directors, of such Companies shall hold at least one meeting within every six calendar months vide notification no. G.S.R. 466(E) dated 5th June, 2015.
(The exceptions, modifications and adaptations provided above shall be applicable only to those companies covered under section 8 of the said act which has not committed a default in filing its financial statements under section 137 of the said act or annual return under section 92 of the said act with the registrar, vide notification dated 13th June, 2017)
To view the notification , Click Here
A one-time relaxation has been provided for holding the Board meeting where the gap between two Board Meetings shall not exceed 180 days till September 30, 2020. To view the circular dated 24.03.2020, Click Here.
Gap between two Board Meetings extended to 180 days for the quarter Apr-Jun, 2021 vide circular dated 03.05.2021. To view the circular, Click Here
Provided further that Inserted vide Exemption Notification to specified IFSC Public Companies, GSR 08 (E) dated 04.01.2017. To view the notification Click Here
Provided further that Inserted vide Exemption Notification to specified IFSC Private Companies, GSR 09 (E) dated 04.01.2017. To view the notification Click Here
Refer rule 3 and 4 of the Companies( Meetings of Board and its Power) rules,2014. To view the rule, Click Here
Provided further that where there is quorum in a meeting through physical presence of directors, any other director may participate through video conferencing or other audio visual means in such meeting on any matter specified under the first proviso. Inserted vide Companies (Amendment) Act, 2017 dated 03.01.2018 Effective from 07-05-2018
To view commencement notification, Click Here
To view the notification of Companies Amendment Act,2017 Click Here
Sub-section (5) substituted vide exemption notification to Private Companies dated 13th June, 2017.
(The exceptions, modifications and adaptations provided shall be applicable only to those Private Companies which has not committed a default in filing its financial statements under section 137 of the said act or annual return under section 92 of the said act with the registrar)
To view the notification, Click Here
