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Board meeting through video conferencing

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Guest (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??

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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
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.
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Guest (Querist)
11 June 2019 Sir, the letter for right issue to existing shareholder comes under preview of prospectus??



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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 June 2019 If no prospectus is issued it will not come.
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11 June 2019 We are only issuing letter of offer..
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 June 2019 It's not a prospectus ............................................

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