A Dormant company shall be required to hold a First Board Meeting u s 173 1 ........

Companies Act-Phase (I & II) Board-powersandMeetings

A Dormant company shall be required to hold a First Board Meeting u/s 173(1) :

Within 30 days of Incorporation

Within 60 days of Incorporation

No First BM required u/s 173(1) if atleast 1 BM held every half calendar year at interval not less than 90 days between consecutive BM’s

No First BM required u/s 173(1) if atleast 1 BM held every quarter of the calendar year at interval not less than 60 days between consecutive BM’s

In case of One Person Company, Small Company, Dormant Company, Start up Private Company, Section 8 Company:

> At least One BM should be conducted in each of the half of the calendar year

> The gap between the two BM should not be less than 90 days.

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