SEC Memorandum Circular No.
Video conferencing board meeting circular. Conducting Board Meetings Through Video Conferencing and Other Audio-Visual Means. 6 providing for guidelines on the attendance and participation of directors trustees stockholders members and other persons of corporations in regular and special meetings through teleconferencing video conferencing and other remote or electronic means of. Board Meetings through Video Conferencing and Criteria for Passing Circular Resolutions under Companies Act 2013 Apr 16 2014 Meetings through Video Conferencing - Is it legally tenable Feb 26 2014 Convening Shareholder meetings through Video conferencing made optional for Listed Companies Dec 28 2011.
Dated 15062021 has notified the Companies Meetings of Board and its Powers Amendment Rules 2021 which seeks to amend the Companies Meetings of Board and its Powers Rules 2014 wherein Rule 4 providing for restriction on matters not to be dealt with in a meeting through video conferencing as specified in Rule 4 of the Act has been omitted. Board Meeting Through Teleconferencing or Videoconferencing TeleVideo Conferencing In relation to Section 16 of the Electronic Commerce Act RA. All Concerned Subject.
Matters that are prohibited in a board meeting conducted through video conferencing and Matters that are prohibited to pass through circular resolutions. The Companies Act 2013 allows convening of Board Meetings through Video conferencing VC or any Other Audio-Visual Means OAVM and has recently also allowed convening of General Meetings through VC or OAVM in view of the Covid-19 pandemic. The central government amended the Companies Meetings of Board and its Powers Rules 2014 and the rules came to be known as.
Clarification on Board Meeting through Video Conferencing. 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. Meetings till 30th June 2020 may be held through video conferencingother audio visual means.
As per explanation under rule 3 of the Companies Meetings of Board and its Powers Rules 2014 video conferencing or other audio-visual means means audio-visual electronic communication facility employed which enables all the persons participating in a meeting to communicate concurrently with each other without an. 395E dated 23th June 2020No doubt there are lots of matters in any company which required board decisions immediately or frequently. In view of the continuing restrictions on the movement of persons at several places in the country MCA vide circular no.
Relaxation for conducting of board meeting through video conferencing VC or other audio-visual means OAVM till 30th September 2020 MCA Notification No. What is Video Conferencing. 15 Series of 2001 To.