1) As per New Co Law, gap between two board meetings can not exceeds 120 days.If last board meeting is held on 31st March , next board meeting can be held upto 28th July.
2) Again, MGT14 is requires to be filled in more than 60 cases including resolution for disclosure of interest in first Board meeting, approval of accounts etc. If more than one resolution required to be filled to ROC are passed in first board meeting of this year , cost of filling MGT14 can be reduced.
3) For approval of filling of DPT4 , a board meeting is also required. This can also be approved in first Board meeting.
Warm Regards
"Team" CA.Nitesh More | FCA, |
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