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Video conferencing board meeting. Section 173 of Companies Act 2013 allows holding Board Meeting through physical as well as video conferencing mode. Participation in board meetings through video conferencing saves time and cost and allows one to convert the energy used for distant travels for meeting into a more productive venture. 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 intermediary and to participate effectively in the meeting.
If there is a silver lining in this pandemic cloud it is that it will force us to think differently about how we conduct a. A Board Meeting attended by any Director whether in person or through video conferencing or other audio visual means shall be sufficient attendance for the purpose of section 1671b of the Act. 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.
Your All-in-One Boardroom Video Conferencing Solution. The process for conducting Board meetings through video conferencing is prescribed under Rule 3 of the Companies Meetings of Board and its Powers Rules 2014 Rules. ACS Divesh Goyal.
Recently honored with the 2019 Red Dot Design award the Lifesize Icon 700 is the first full 4K video and 4K full-motion content sharing video conferencing solution in the market. Updated Video Conferencing Norms For Board Meetings. To ensure availability of proper video conferencing or other audio visual equipment or facilities for providing transmission of the communications for effective participation of the directors and other authorized participants at the Board meeting.
The Icon 700. Provisions under the Companies Act 2013. Todays video conference meetings are less about the video quality and cyber glitches of yesterday and more about the ability of the meeting chair or facilitator to use virtual meeting tools effectively.
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. The Covid-19 pandemic has pushed the boundaries of adaptability in every sphere imaginable and has invariably led to the increased use of electronic means. This write-up will discuss the very provisions issues and procedures that relate to Board Meetings through online Video Conferencing.