Teleconferences are similar to telephone calls but they can expand discussion to more than two people.

Board meeting through video conferencing ppt. Enables one set of people to see and hear people in a different location. In its most basic form is the transmission of image video and speech audio back and forth between two or more physically separate locations. 15 th June 2021 Company can hold Board Meeting through video conferencing and discuss any agenda in such meeting.

As stated in Section 1732 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. ACS Divesh Goyal. Provisions under the Companies Act 2013.

Board meetings 2. The Chairperson and the CS if any shall take due and reasonable care. To record proceedings and prepare the minutes of the meeting to store for safekeeping and marking the tape recording to ensure that no person other than the concerned director are attending meeting through video.

Participate in its Board meetings via video-conferencing. SNAPSHOT OF COST SAVINGSThe average domestic business trip costs 1200 per participant permeetingThe average business meeting consists of 5 participants 4 of whomhave to travel to get to the meetingThe average employee per hour cost 60The savings in hours between doing a remote web conference 4 hrs andactually traveling to a place 21 hours was 21-417 hours per meeting perparticipantUsing these assumptions 60hr this yields a savings of 17601020 per meeting. It is worth making this explicit so include a debrief before ending your video board meeting.

FAQS ON VIRTUAL MEETINGS MEETINGS THROUGH VIDEO CONFERENCING AND OTHER AUDIO VISUAL MEANS VC OAVM With the advent of Companies Act 2013 the Act holding of Board meetings through video conferencing or other audio visual was permitted under the law. Also known as Videoteleconference. Most boards will need to experiment and learn as they go.

Section 173 of Companies Act 2013 allows to hold Board Meeting through physical as well as video conferencing mode. There is no restriction on any agenda for BM through video conferencing. PRE- BOARD MEETING On the part of the company Necessary arrangements to avoid failure of video or audio visual connecon.