Section Text
1[ 285 . B oard to me et at least once in every three calendar months
In the case of every company, a me eting of its B oard of directors shall be held at least once in every2[three months and at least four such me etings shall be held in every year]:
Provided that the Central Government may, by notification in the Official Gazette, direct that the provisions of this section shall not apply in relation to any class of companies or shall apply in relation thereto subject to such exceptions, modifications or conditions as may be specified in the notification.]
______________________
1. Substituted by Act 65 of 1960, sec. 96, for section 285 (w.e.f. 28-12-1960).
2. Substituted by Act 31 of 1965, sec. 39, for certain words (w.e.f. 15-10-1965).