1

Seafood Limited, a public ltd company was incorporated on 1st April, 2016. Company has conducted four Board Meetings during FY 2016-17 i.e. on 6th April, 2016, 28th Aug, 2016, 30th Sep, 2016 & 30th March, 2017. Decide on validity of frequency of Board Meeting: –

  • A

    No contravention of provision related to holding of board meeting as 4 board meetings has been held during year.

  • B

    No contravention of provision related to holding of board meeting as 1st board meeting was held in 30 days of incorporation.

  • C

    Contravention w.r.t. conduct of board meetings as gap between 2 consecutive board meetings (6th April & 28th August) is 143 days & gap between 2 consecutive board meetings (30th September & 30th March) is 181 days.

  • D

    Contravention w.r.t. conduct of board meetings as gap between 2 consecutive board meetings (6th April & 28th August) is 123 days & gap between 2 consecutive board meetings (30th September & 30th March) is 141 days.