Board meeting through video conferencing


(Querist)
11 June 2019
A pvt. Co. having 3 directors one in india and the other 2 in different countries can they approve rights issue in board meeting via video conferencing??Directors coming through video conferencing will be counted as part of quorum??

Request for your views


CA R SEETHARAMAN (Expert)


Click to Talk 11 June 2019
Yes, they can approve rights issue in board meeting via video conference and Directors coming through video conferencing will be counted as part of quorum.


vedika Bagri (Querist)
11 June 2019
Sir, the letter for right issue to existing shareholder comes under preview of prospectus??

CA R SEETHARAMAN (Expert)


Click to Talk 11 June 2019
If no prospectus is issued it will not come.

vedika Bagri (Querist)
11 June 2019
We are only issuing letter of offer..

CA R SEETHARAMAN (Expert)


Click to Talk 12 June 2019
It's not a prospectus ............................................


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