Participation through video conference

sudhir (Company Secretary) (54 Points)

11 June 2012  

As per the MCA Circular on Participation via video Conference at the Board / Committee Meetings, under the point no. 4(b) it is stated that

"Every Director of the company must attend the meeting of the Board / Committee of Directors personally at least one meeting a financial year of the company"

so Does it mean like this?.....

1) Whether at least one director shall physically attend? 

2) Compulsory minimum physical attendance applies to Board/Committee meeting? (either of the meetings or any one meeting in a financial year)

Can any one pls reply...............

 

Thanks in advance...