Board Meeting Through Teleconferencing

To make necessary arrangements in order to avoid failure of video or audio visual connection.

Board meeting through teleconferencing.

As stated in section 173 2 of companies act 2013 read with rule 3 of the companies meetings of board and its powers rules 2014 the participation of directors in a meeting of the board may be either in person or through video conferencing or other audio visual means as may be prescribed which are capable of recording and. As participants arrive the chair should test the videoconferencing equipment to be sure that it is clearly picking up the sound of all speakers. The benefits and challenges of virtual board meetings are being tested by a growing number of nonprofit boards. Virtual meetings are any kind of official board gathering that doesn t take place in the traditional way with all board members physically present together.

Every company shall comply with the following procedure for convening and conducting the board meetings through video conferencing or other audio visual means. Holding annual general meeting and board meetings through video conferencing or other audio visual means may 26 2020 loan to directors section 185 of companies act 2013 july 21 2020 income tax rules of non residents indians individuals may 11 2020. Principles for convening and conducting board meetings are provided in the secretarial standard on meetings of the board of directors secretarial standards. The need for sharing information faster forces boards to find and adapt to new ways of communication.

Provisions under the companies act 2013.