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A Board meeting is convened on 20th of Jan, but due to lack of quorum it stands adjourned, will it be required to give fresh notice of adjourned meeting of board:
Yes, it is required
No, it is not required
No, it is not required unless AOA of company otherwise provides.
None of the above
As per section 174(4) , if board meeting is adjourned for want of quorum then, unless the AOA of company otherwise provide, the adjourned meeting shall be held at the same day in next week at same time and place or if the day is national or public holiday, till next succeeding day which is not a national holiday at same time and place. Fresh notice is not required for adjourned meeting unless AOA of company otherwise provides.
By: Vikas Goyal ProfileResourcesReport error
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