What is ROC Compliance for Board Meetings?
Nexa Consultancy | Startup & Finance Glossary
The Companies Act, 2013 mandates that every company must hold a minimum of four board meetings each year, with a gap of not more than 120 days between two consecutive meetings.
Startup Example: A startup holds a board meeting on Jan 15th. The next board meeting must be held on or before May 15th. Proper minutes for each meeting must be maintained.
Ensuring this is part of our Corporate Law & Compliance services.