What is the minimum number of Board meetings a company must hold in a calendar year? Also, explain the maximum interval allowed between two consecutive meetings.
CS Professional · Governance, Risk Management, Compliances and Ethics · PYQS · June 2025
What is the minimum number of Board meetings a company must hold in a calendar year? Also, explain the maximum interval allowed between two consecutive meetings.
Answer & Explanation:
Minimum Number of Board Meetings and Maximum Interval between Meetings for MNC Limited: 1. Minimum Number of Board Meetings in a Calendar Year for MNC Limited: MNC Limited is required to hold at least four meetings of the Board in each calendar year. 2. Maximum Interval between Two Consecutive Board Meetings at MNC Limited: The maximum interval between two consecutive Board meetings at MNC Limited must not exceed 120 days.
Topics: Board Meetings
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