Director's Disqualification under Companies Act, 2013
This query is : Resolved
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02 May 2022
Will a director be disqualified if he/she attends all the meetings through virtual mode and is also going to attend the Board Meeting for adoption of Financial Statements, Boards Report and other papers through virtual mode only?
03 May 2022
Not disqualified in such a case.
Meeting can be conducted if required quarum is present phisically.
Meeting can be conducted if required quarum is present phisically.
04 May 2022
Thanks sir for resolving my query. But if all the directors are present virtually for all the meetings held in the year, whether all the directors are disqualified?
04 May 2022
No disqualification in view of this.
To balance the situation and as a measure to ease compliance requirements, the Ministry of Corporate Affairs has allowed companies to conduct board meetings through video conferencing and other audio visual means, for all matters including those that were otherwise required to be conducted physically.
To balance the situation and as a measure to ease compliance requirements, the Ministry of Corporate Affairs has allowed companies to conduct board meetings through video conferencing and other audio visual means, for all matters including those that were otherwise required to be conducted physically.
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