The first board meeting is required to be held after the incorporation of the company. This meeting’s purpose is to approve officers’ appointments in the company and other matters related to the company’s operations.
It is the directors’ responsibility to hold regular meetings to ensure the financial and trading position of the company properly. The nature and scale of the operations of the company decide the frequency of these board meetings. There is no specific rule saying that it must be held X times in the year.
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