Board meeting timing under company law is revised by replacing half-yearly wording with a calendar-year reference. Section 173 of the Companies Act, 2013 is amended by substituting the earlier wording in sub-section (5) with the words "a calendar year". The amendment ... Summary
Board meeting timing under company law is revised by replacing half-yearly wording with a calendar-year reference.
Section 173 of the Companies Act, 2013 is amended by substituting the earlier wording in sub-section (5) with the words "a calendar year". The amendment replaces the former half-yearly and ninety-day gap formulation with a calendar-year reference in the provision governing the timing of board meetings.
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