https://www.taxtmi.com/acts?id=39194 Section 378V requires producer company Boards to meet at least once every three months (minimum four meetings yearly). Written notice must be given to every director in India at his usual address; the Chief Executive must give notice at least seven days before the meeting and faces a penalty for non-compliance, though meetings can be called at shorter notice if reasons are recorded. The quorum is one-third of total directors, subject to a minimum of three. Directors including co-opted directors may be paid fees and allowances for Board attendance as decided by Members in general meeting. en-us Sat, 03 Oct 2020 18:03:48 +0530 Tue, 16 Dec 2025 15:16:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39194 Section 378V requires producer company Boards to meet at least once every three months (minimum four meetings yearly). Written notice must be given to every director in India at his usual address; the Chief Executive must give notice at least seven days before the meeting and faces a penalty for non-compliance, though meetings can be called at shorter notice if reasons are recorded. The quorum is one-third of total directors, subject to a minimum of three. Directors including co-opted directors may be paid fees and allowances for Board attendance as decided by Members in general meeting. Act-Rules Companies Law Sat, 03 Oct 2020 18:03:48 +0530 https://www.taxtmi.com/acts?id=39194