Board Meeting Through Teleconferencing

Provisions under the companies act 2013.

Board meeting through teleconferencing.

Principles for convening and conducting board meetings are provided in the secretarial standard on meetings of the board of directors secretarial standards. The benefits and challenges of virtual board meetings are being tested by a growing number of nonprofit boards. 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. The board chair and secretary will need to decide which of them is responsible for testing the meeting login at least 15 minutes before the meeting starts.

To make necessary arrangements in order to avoid failure of video or audio visual connection. Procedure for conducting board meeting through video conferencing and audio visual means. The process for conducting board meetings through video conferencing is prescribed under rule 3 of the companies meetings of board and its powers rules 2014 rules. As participants arrive the chair should test the videoconferencing equipment to be sure that it is clearly picking up the sound of all speakers.

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.