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MCQs · Q6

Q.As per Section 173 of the Companies Act, 2013, the gap between two consecutive Board Meetings should not exceed:
(A) 60 days
(B) 90 days
(C) 120 days
(D) 180 days

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✓ Free question

Section 173 of the Companies Act, 2013 requires every company to hold a minimum of 4 Board Meetings in each calendar year. Alongside this minimum count, the Act also imposes a spacing requirement: the gap between any two consecutive Board Meetings must not exceed 120 days. This dual requirement — a minimum number of meetings AND a maximum permissible gap — ensures that Board oversight is spread evenly across the year, rather than a company technically satisfying the "4 meetings a year" rule by holding all of them bunched together in a short period and then leaving several months with no Board scrutiny at all. Among the given options, 120 days is the figure prescribed by the Act.

✓Final answer

(C) 120 days is the maximum permissible gap between two consecutive Board Meetings under Section 173.

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