Q.Within how many days of incorporation must a company hold its first Board Meeting? (A) 15 days
(B) 30 days
(C) 60 days
(D) 90 days

The law wants the newly appointed directors to formally take charge of the company's affairs very soon after it comes into existence, and fixes a short, specific window for the first meeting. …

Section 173(1) of the Companies Act, 2013 requires the first Board Meeting of a company to be held within 30 days of the date of its incorporation.

(A) 15 days is shorter than the statutory limit — incorrect.

(B) 30 days is exactly the period Section 173(1) prescribes for the first Board Meeting — correct.

(C) 60 days is longer than the statutory limit — incorrect. …

Students sometimes mix up the 30-day first-meeting rule with the 90-day minimum-gap rule that applies to the relaxed half-yearly meeting schedule for a One Person Company, small compan …