The Section not permitted the Companies to call and conduct the Meeting through video conferencing or other audio-visual means.
General meeting through video conferencing under companies act 2013. For Companies which are required to provide the facility of e-voting under the Act or any other Company which has opted for such facility. In case of public company the recorded transcript shall also be made available on. 1 Every Company shall make necessary arrangements to avoid failure of video or audio visual.
Yes as per section 101 1 of companies act 2013 a general meeting may be called after giving shorter notice if consent in writing or by electronic mode by not less than ninety-five per cent of the members entitled to vote at such meeting. To facilitate the compliance of law in true letter and spirit. Under section 1732 of Companies Act 2013 read with rule 3 of Companies Rules Meetings of board and its power 2014.
Companies Act 2013 doesnt provides any provision relating to participation of members by way of video conferencing in the general meeting but that doesnt mean that a company cant provide such facility. A company shall comply with the following procedure for convening and conducting the Board meetings through video conferencing or other audio visual means. The companies shall ensure that all the other compliances associated with the provisions relating to the General Meetings viz making of disclosures inspection of related documentsregisters by members or authorizations for voting by body corporates etc as provided in the Act and the Article of Association of the company are made through.
Extract of Section 1732 of Companies Act 2013 which deals in the matters not to be dealt with in a meeting through Video Conferencing or other Audio Visual Means. Section 1732 of the Companies Act 2013 says 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 recognizing the participation of the directors and recording and storing the proceeding of such meetings along with the date and time. Certain relaxations as provided in the said circulars is also provided below with respect to Secretarial Standard on General Meetings SS-2.
All companies may convene their AGMEGM through VC or OAVM by complying with the provisions of the Companies Act 2013 and rules made thereunder along with the terms of. As per the circular Companies can hold Annual General Meeting through Video Conference subject to fulfilment of following Conditions. Every company may hold meetings of board through either video conferencing or other audio-visual means that can record and recognize the participation of the directors and that can record and store the proceedings of the board meeting along with date and time.
Board Meeting through Video Conferencing under Companies Act 2013. Extra Ordinary General Meetings wherever considered unavoidable may be held through Video Conferencing VC or Other Audio Visual Means OAVM. Extraordinary General Meetings EGMs may be held through video conferencing VC or any other audiovisual means OAVM transcript of the same shall be maintained.