Check board-meeting compliance
How This Is Calculated
Companies must generally hold at least 4 board meetings a year, with no more than a specified maximum gap (commonly 120 days) between consecutive meetings, and the first board meeting must be held within 30 days of incorporation — quorum requirements apply separately to each meeting held.
Frequently Asked Questions
Evidence and verification checklist
- Confirm the current, in-force text governing Board Meeting Frequency, Gap and Quorum Checker on the official source linked above - the summary on this page is an implementation aid, not a substitute for it.
- Record the exact event/transaction date, since the applicable version of the law, form or threshold can change between the date of the underlying event and today.
- Preserve the primary documents (notices, applications, orders, acknowledgements) that would let a reviewer reconstruct how the facts were classified and what was actually done.
- Check for a State-specific rule, later amendment or binding judicial decision that may modify how this applies on your facts.
Before relying on this page
This page is a structured implementation summary, not the operative legal text. Portal or process acceptance of a filing does not by itself establish legal compliance - the underlying classification, authority, evidence and timeline still have to be independently correct. Where the facts are contested, high-value, or time-barred if delayed, verify the current position with the official source and, where appropriate, a qualified professional before acting.
Method, scope and worked example
With three directors, two interested in the agenda and one non-interested present, quorum is insufficient: section 174(3) needs at least two non-interested directors. A first meeting on 1 March after 1 January incorporation also fails the 30-day test even if four later meetings have short gaps. Exemptions for specified classes and private-company participation notifications need their exact conditions before applying.
Primary references
Sources checked 21 October 2026. The result applies only to the facts and scope stated above.