Dear Friends,
Can a Director attend all meeting in an year through Video conferencing only? Is there a provision that says he must attend atleast one meeting in an year physically? If so, can you please tell where it is mentioned?
Thanks
1 Replies
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 22 April 2015
Yes, it is possible. But please note that as per Rule 4 certain transactions like approval of annual accounts have to be done in physical meeting only. In this case that director will have to take leave of absence. Section 167(1)(b) for vacation of office of director will not apply in this case.
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