23 May 2012
Please refer General Circular No. 28/2011 dt. 20/05/2011, issued by MCA which provides 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.
Now It is legally allowed to hold Board Meeting through video conferencing. But must comply the provision of Circular 28/2011 issued by MCA in this reference.