25 May 2012
Can Board Meeting be conducted through video conferencing under the existing provisions of the Companies Act? If yes,then how attendace of directors could be obtained? I think there is a proposal to incorporate such provisions in the Companies Amendment bill,which is pending for consideration before the Parliament?
25 May 2012
The Ministry vide General Circular No. 28/2011 dt. 20/05/2011, besides enabling participation of the Directors in the meetings of the Board/Committees through electronic mode, has clarified much of the technical issues which might have otherwise been encountered as hurdles to the effective implementation of the process.