Gap between two consecutive Board meetings may extend to 180 days during Quarter – April to June 2021 & July to Sep 2021

Gap between two consecutive Board meetings may extend to 180 days during Quarter – April to June 2021 & Quarter – July to September, 2021 – MCA

General Circular No. 08/2021

F No 2/6/2020-CL-V
Government of India
Ministry of Corporate Affairs

5th Floor. ‘A’ Wing. Shastri Bhawan
Dr. R. P. Road New Delhi

Dated 03-05-2021

To
The DGCoA
All Regional Directors.
All Registrar of Companies
All Stakeholders

Subject: Gap between two board meetings under section 173 of the Companies Act. 2013 (CA-13) – Clarification – reg.

Sir/Madam

In view of the difficulties arising due to resurgence of Covid-19 and requests received from stakeholders. It has been decided that the requirement of holding meetings of the Board of the companies within the intervals provided in section 173 of the Companies Act. 2013 (120 days) stands extended by a period of 60 days for fast two quarters of Financial Year 2021.22. Accordingly, the gap between two consecutive meetings of the Board may extend to 180 days during the Quarter – April to June 2021 and Quarter – July to September, 2021, Instead of 120 days as required in the Companies Act 2013

2. This issues with the approval of the competent authority

Yours faithfully,

(KMS Narayanan)
Assistant Director (policy)

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