Cute Garments Ltd., has recently obtained the status of dormant company. The Board of Directors seeks your advice about the required compliances in respect of the following: (iii) Meeting of Board of Directors

CS Executive · Setting up of Business Entities and Closure · PYQS · June 2019
Cute Garments Ltd., has recently obtained the status of dormant company. The Board of Directors seeks your advice about the required compliances in respect of the following: (iii) Meeting of Board of Directors

Answer & Explanation:

In view of the provisions of Section 455 of Companies Act, 2013 read with Rule 3 to 8 of Companies (Miscellaneous) Rules, 2014, the Directors of Cute Garments Ltd., are required to carry out following compliances in respect of: Meeting of the Board of Directors A Dormant company is required to conduct at least one meeting of the Board of Directors in each half of a calendar year. Further, the gap between the two meetings should not be less than 90 days.

Topics: Companies Act, 2013

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