Supreme Court Flags Excess Records as Cause of Delays in Corruption Case Prosecutions || Supreme Court: Outgoing Partner’s Share Valued on Assessment Date, Not Dissolution Date || Supreme Court Acquits Two Murder Convicts, Finds Prosecution Story Suspicious || SC Restores SEBI Fraud Proceedings against Vedanta over 2014 Share Buyback || CCI Rejects Kerala Private Bus Operators’ Challenge to Free KSRTC Travel for Women || Chhattisgarh HC: Sharia Body can't Decide Muslim Woman's Marital Status or End Marriage || MP High Court: Adult Woman Can Become Jain Saadhvi Despite Parents’ Opposition || MP High Court Quashes 70%-80%-90% Pay Rule for Class III, IV Staff during Probation || SC: Pre-2015 NH Act Awards Must Follow 1894 Act for Solatium and Interest || SC: Service Rendered Before Regularization Must Be Counted for Pension Benefits

Ministry of Corporate Affairs Extends Period for Holding Meetings of Board of Companies - (04 May 2021)

COMPANY

Ministry of Corporate Affairs has notified that the requirement of holding meetings of the Board of the companies as per section 173 of the Companies Act, 2013 (120 days) stands extended by a period of 60 days for first two quarters of Financial Year 2021-22. Accordingly, the gap between two consecutive meetings of the Board may extend to 180 days during the Quarter – April to June 2021 and Quarter-July to September 2021, instead of 120 days as required in the Companies Act, 2013.

Tags : MINISTRY OF CORPORATE AFFAIRS MEETINGS OF BOARD OF COMPANIES

Share :