‘A. Ltd incorporated in 2011, held Board meetings between 1st January 2016 to 31st December 2017 onthe following dates:

28th February 2016, 20th June 2016, 10th October 2016, 1st February, 2017, 31st March, 2017, 25th July, 2017, 20th November, 2017.

Director Wiseman says that there has been no violation of Sec 173.

Director Dumbman says that there is a violation of sec 173.

Director Lostman says that if TWO Board Meetings are not held within 31st March 2018; violation will occur.

Who is correct?