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of <h1>Companies Must Hold Board Meetings Quarterly; Government Can Grant Exemptions or Modifications</h1> Every company is required to hold a Board of Directors meeting at least once every three months, ensuring a minimum of four meetings annually. The Central Government has the authority to exempt certain classes of companies from this requirement or apply it with specific exceptions, modifications, or conditions as specified in a notification in the Official Gazette. These provisions were amended by the Companies (Amendment) Acts of 1960 and 1965.
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