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Video conferencing meeting companies act 2013. Provisions under which Meeting through video conferencing is covered. 1 Every Company shall make necessary arrangements to avoid failure of video or audio. Board Meetings through Video Conferencing under Companies Act 2013 Posted on October 09th by Nisha Sharma 5 Comments In the world of globalization where India is one of the most lucrative places for investing and doing business video-conferencing has become the most preferable mode of communication.
The Companies Act 2013 Act allows every Company to conduct meetings through video conferencing or other audio-visual means VC which are capable of recording and recognizing the participation of the Directors and of recording and storing the proceedings of such meetings along with date and time. Board Meeting through video conferencing or other audio visual means under Companies Act 2013 and Rules made thereunder. With the intent to promote digitization the Companies Act 2013 has incorporated the provisions relating to digital means for the deliverance of official notices like notices of meetings and holding of board meetings electronically via video conferencing.
Under section 1732 of Companies Act 2013 read with rule 3 of Companies Rules Meetings of board and its power 2014. No one is short changed in the entire communication or interactive processIn video conferencing there is a. Section 1732 specifies the mode of participation of directors in a meeting of the Board.
Chapter XII of The Companies Act 2013 which deals with Meetings of Board And its Powers. ACS Divesh Goyal. Video Conferencing Companies Act 2013 Though video conferencing tries to simulate reality yet it is not reality.
The Section not permitted the Companies to call and conduct the Meeting through video conferencing or other audio-visual means. Matters that are prohibited in a board meeting conducted through video conferencing and Matters that are prohibited to pass through circular resolutions. A company shall comply with the following procedure for convening and conducting the Board meetings through video conferencing or other audio visual means.
Video conferencing technology allows the participants in the conference to hear sounds and view images with fidelity. General Meeting through Video Conferencing under Companies Act 2013 on account of threat posed by COVID-19. As per section 174 of the Companies Act 2013 and Rule 3 and 4 of Companies Meetings of Board and its powers Rules 2014 every company can hold meeting through video conferencing or other audio visual means.
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