Board meeting

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A private limited company has two directors, both are Indians , however one director is in US for a year, is video conferencing meeting valid, even though the person is outside India, for the purpose of quorum
Replies (3)
yes... it valid

SPECIFIC RULES FOR THE INDIVIDUAL DIRECTOR WHO INTENDS TO PARTICIPATE IN THE BOARD MEETING THROUGH VIDEO CONFERENCING

a. A director intending to participate through video conferencing or audio visual means shall communicate his intention to the Chairman/ Company Secretary of the Company.
b. If the director intends to participate through video conferencing or other audio visual means, he shall give prior intimation to that effect sufficiently in advance so that company is able to make suitable arrangements in this behalf.
c. The director, who desiring to participate may intimate his intention of participation through the electronic mode at the beginning of the calendar year and such declaration shall be valid for one calendar year. (In the absence of any intimation it shall be assumed that the director shall attend the meeting in person.)

Yes, it is valid. However, ensure that video of such meeting shall be recoded.


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