Quick Summary
Board Meetings are held regularly where directors make strategic and operational decisions.
Companies must hold at least 4 board meetings annually with maximum gap of 120 days between meetings. Quorum is 1/3rd of total directors or 2, whichever is higher. Minutes must be maintained.
Key Points
- Minimum 4 per year
- Maximum 120 days gap
- Quorum: 1/3rd or 2 directors
- Minutes to be recorded
- Can be held via video conferencing