The Ministry of Corporate Affairs has issued amendments to the Companies (Meetings of Board and its Powers) Rules, 2014. These changes, effective from their publication, specifically allow for board meetings concerning matters in sub-rule (1) to be held via video conferencing or other audio-visual means. This provision is applicable for the period from the commencement of the amendment rules up to 30th June 2020.
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
Notification
New Delhi, the 19th March,2020
G.S.R. _(E).- In exercise of the powers conferred by sections 173, 177, 178 and section 186 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Meetings of Board and its Powers) Rules, 2014, namely:-
1. (1) These rules may be called the Companies (Meetings of Board and its Powers) Amendment Rule
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FAQ :
These are amendments to the existing Companies (Meetings of Board and its Powers) Rules, 2014, introduced by the Ministry of Corporate Affairs.
The amendment rules come into force on the date of their publication in the Official Gazette.
The rules allow for board meetings on matters referred to in sub-rule (1) to be held through video conferencing or other audio visual means.
Video conferencing for these board meetings is permitted for the period beginning from the commencement of the amendment rules and ending on 30th June 2020.
These rules are made in exercise of the powers conferred by sections 173, 177, 178 and section 186 read with section 469 of the Companies Act, 2013.
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Notification No : F. No. 1/32/2013-CL-V-PartPublished in Corporate Law