MCA postpones statutory filing deadline, set longer gap between board meets
Tue, May 4, 2021 7:04 PM

MCA postpones statutory filing deadline, set longer gap between board meets

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Ministry of Corporate Affairs (MCA)issued a notification on May 3 that, businesses can opt for a longer gap between two board meetings. In general, companies are required to hold at least four board meetings per year and the interval between each must not exceed 120 days. Relaxation is given for 60 days, increasing the gaps limit up to 180 days

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