Board Meeting Through Teleconferencing

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.

Board meeting through teleconferencing.

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. Principles for convening and conducting board meetings are provided in the secretarial standard on meetings of the board of directors secretarial standards. 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. Every company shall comply with the following procedure for convening and conducting the board meetings through video conferencing or other audio visual means.

The need for sharing information faster forces boards to find and adapt to new ways of communication. Procedure for conducting board meeting through video conferencing and audio visual means. To make necessary arrangements in order to avoid failure of video or audio visual connection. 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.

As participants arrive the chair should test the videoconferencing equipment to be sure that it is clearly picking up the sound of all speakers.