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of <h1>MCA Extends Board Meeting Gap from 120 to 180 Days for First Two Quarters of FY 2021-22 u/s 173.</h1> The Ministry of Corporate Affairs issued a circular extending the permissible gap between board meetings under Section 173 of the Companies Act, 2013, due to COVID-19 challenges. For the first two quarters of the financial year 2021-22, the interval between board meetings is extended from 120 days to 180 days. This extension applies to meetings held between April to June 2021 and July to September 2021. The decision aims to accommodate difficulties faced by companies during the pandemic, and it has been approved by the relevant authority.
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