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NET 4 INDIA LTD. - Outcome of Board Meeting - Adjournment for want of Quorum
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21 Aug 2015
Net 4 India Ltd has informed BSE that pursuant to the provisions of section 174(4) of the Companies Act, 2013, the meeting of the Board of Directors of the Company held on August 21, 2015, stands adjourn for want of quorum due to the non-availability of majority of requisite board members at/within the scheduled time.&lt;BR&gt;&lt;BR&gt;As per the provisions of the afore-mentioned section, &quot;Where a meeting of the Board could not be held for want of quorum, then, unless the articles of the company otherwise provide, the meeting shall automatically stand adjourned to the same day at the same time and place in the next week&quot;.&lt;BR&gt;&lt;BR&gt;According to the above-mentioned provisions, the Adjourn Meeting of the Board of Directors of the Company to consider, inter-alia, approve and take on record the Unaudited Financial Results of the Company for the period year ended on June 30, 2015; will held on next Friday, the August 28, 2015 at 11:00 AM (IST) at the Corporate Office of the Company at D-25, Sector-3, Noida - 201 301 Uttar Pradesh.
View all announcements for NET 4 INDIA LTD. Source: BSE India