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.

Video conferencing of board meeting. ACS Divesh Goyal. Meeting of Board through video conferencing and other audio visual means is the one where the participation of directors in a board meeting may be either in person or through video conferencing or other audio visual means which are capable of recording and recognizing the participation of the directors and of recording and storing the. An adjourned meeting can be conducted online through video conferencing or other audio-visual method provided it is in compliance with the provisions of section 173 rule 3 of Companies Rules Meetings of board and its power 2014 and secretarial standard-1.

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. 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. 1 Meetings through Video Conferencing and Other Audio Visual Means VC OAVM 1 2 Meaning of Video Conferencing or Other Audio Visual Means 1 3 Modalities of Holding of Board Meetings Through Video Conferencing 2 4 Matters not to be dealt with in a meeting through Video Conferencing or Other Audio Visual Means.

However all the compliances and provisions relating to it should be strictly followed. Venue specified in notice shall be taken as the venue of the meeting and all requisite registers to be kept at the venue as stated herein before. Provisions under the Companies Act 2013.

MCA vide its notification dated March 19 2020 notified the Companies Meetings of Board and its Powers Amendment Rules 2020 allowing companies to hold Board Meetings through video conferencing or other audio visual means till June 30 2020 in accordance with Rule 3 of the Companies Meetings of Board and its Powers Rules 2014. The Government has for the first time used through Sections 173 and 174 the words Board Meeting through Video Conferencing and other audio visual means. Board meeting through video conferencing has ensured that the meetings can be conducted virtually without the physical presence of an individual.

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. Ad Explore how PitchBook company databases can help you find detailed company information. Conducting of Board meetings through Video Conferencing VC Every year all Companies have to conduct at least 4 meetings of its Board and 1 meeting of its Members called Annual General Meeting.

3 Meetings of Board Through Video Conferencing or Other Audio Visual Means. Participation through video-conferencing will be counted for the purpose of quorum. The new rules announced by the Government for conducting Board Meetings through video conferencing though covering all aspects of Meetings through Video Conferencing lack cohesiveness.