Physical presence of director

Meetings 573 views 1 replies

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

Replies (1)

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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