However, apart from the statutory requirement for holding board meetings, there are certain matters that can be considered for calling and holding the board meeting. Hence, we have identified some of the matters that require company board approval and mentioned them on the following list: Matters Requiring Company Board Approval
The above matters can also be delegated to a committee of Directors, the Managing Director, or Officer of the Company by a resolution passed by the Board of Directors of the Company.
On the directions of the Managing Director of the Company, the Board Meeting of a Company can be convened by a Company Secretary or a Director. The Articles of Association of the Company has the procedure for convening the Board Meeting mentioned in it. Matters Requiring Company Board Approval
A written notice for convening the Board Meeting should be provided to all the Directors of the company by giving at least a seven-day notice. A quorum of the Board, usually containing two directors or one-third of the total strength of the Director who is in office, whichever is higher, commences and conducts a board meeting. Matters Requiring Company Board Approval