Relaxation of meeting gap extended; boards and audit committees must still meet at least four times annually. Relaxation of the maximum permitted interval between consecutive board and Audit Committee meetings is extended to cover meetings up to July 31, 2020, while requiring boards and audit committees of listed entities to hold at least four meetings per year; stock exchanges must notify listed entities and disseminate the circular, which takes immediate effect and is issued under SEBI's regulatory powers subject to the Companies Act and related rules.
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Provisions expressly mentioned in the judgment/order text.
Relaxation of meeting gap extended; boards and audit committees must still meet at least four times annually.
Relaxation of the maximum permitted interval between consecutive board and Audit Committee meetings is extended to cover meetings up to July 31, 2020, while requiring boards and audit committees of listed entities to hold at least four meetings per year; stock exchanges must notify listed entities and disseminate the circular, which takes immediate effect and is issued under SEBI's regulatory powers subject to the Companies Act and related rules.
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