Section Text
( 1 ) Notice of every me eting of the B oard of directors of a company shall be given in writing to every director for the time being in India, and at hi s usual address in India to every other director.
( 2 ) Every officer of the company whose duty it is to give notice as aforesaid and who fails to do so shall be punishable with fine which may extend to1[one thousand rupees].
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1. Substituted by Act 53 of 2000, sec. 138, for "one hundred rupees" (w.e.f. 13-12-2000).