Board Meetings
» Board Meetings Procedures
Periodicity of the Board Meetings and time-interval
The section 285 of the Companies Act, deals with the provisions and procedures of the meetings of the Board of the Company. It promulgates that every company whether public or private, registered under this Act, must hold at least one meeting of the Board members in every three months. So, there must be at least four Board meetings in every year.

Time-interval between two Board Meetings
The meeting can be held on any day unanimously selected by the members based on their ease and convenience, within the period of three consecutive months. Suppose the first meeting takes place on any day before the 31st March in a certain year, then the second meeting would be due in between the time of April and June, on any particular day. However, a company registered under the section 25 of the Companies Act, has the privilege to hold the Board meeting at least once in every six months.

Day, Date, and Place of holding the Board Meetings

Day of holding Board Meeting
The meeting of Board can be held on any working day, chosen unanimously by the majority of the Board members, as per their ease and convenience. Moreover, the board meeting can also be held even on public holidays, which would be equally valid like other working day's meeting.

Time of holding Board Meetings
Usually the meeting is held during the business hours, but the board meetings can also be held outside the business hours, depending upon various factors entertained for the good of the company.

Place of holding Board Meetings
Similarly, there is no limitation on the place of board meetings, and the place of meeting can be kept within or outside the office, within or outside the town or state, or even the country, based on the productivity, profitability, and convenience of the very meeting.

» Board Meetings Minutes
Minutes- Meaning
Though not adequately and precisely defined in the Companies Act, 1956, Minutes, are inherent and indispensable for a productive, relevant, and successful Board meeting. The minutes are nothing but the lawful precisely written records of place, date, activities, proceedings, decisions, transactions, voting on resolutions, etc. connected with or occurred during a particular Board meeting, or a series of Board meetings.

Classification of Minutes
Minutes can be classified according to the type of meetings and are bifurcated with, into the following three categories, and are named accordingly---
1. Minutes of Board meetings
2. Minutes of meetings of committee of the Board
3. Minutes of General meetings