MODALITIES OF HOLDING OF BOARD MEETINGS THROUGH VIDEO CONFERENCING Rule 3 of the Companies Meetings of Board and its powers Rules 2014 deals with the procedure for convening and conducting the Board meetings through video conferencing or other audio visual means.

Board meeting via video conferencing in india. 18 Mar 2020 1158 am. These Secretarial Standards were issued by the Institute of Company Secretaries of India. In a notification issued today the Ministry of Corporate Affairs MCA has relaxed the rule of physical Board Meetings till June 30.

The requirements listed below are in addition to the requirements specified under the Act read with rules for conducting normal board meetings. The Rule at first imposes an obligation on every Company to make necessary. Every director has to attend atleast one Board Meeting in a financial year by participating in person physically.

Ministry of Corporate Affairs MCA has vide its Notification dated June 15 2021 notified the amendment in Companies. 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. Face-to-face meetings are gradually giving way to video conference and teleconference meetings in nearly every business realm including board meetings.

India Business News. Matters which cannot be dealt through video conferencing. MCA finally allowed Board Meeting permanently through Video Conferencing.

To balance the situation and as a measure to ease compliance requirements the Ministry of Corporate Affairs has allowed companies to conduct board meetings through video conferencing and other audio visual means for all matters including those. MCA allows Board Meetings to be held through video conferencing or other audio visual means till June 30. Ensuring the integrity of the meeting held via videoconference b.

The pandemics has contributed in making India a digital economy. Ensuring that the videoconferencing equipment and facilities are proper and fit c. Section 1732 of Companies Act 2013 The Act read with Rule 3 of the Companies Meetings of Board and its Powers Rules 2014 The Rules 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 of recording and storing the proceedings of such meetings.