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CS Executive · Company Law and Practice · Meetings of Board and its Committees

Under section 173(2) of the Companies Act, 2013, which feature must the video conferencing or audio visual means used for a Board meeting have?

The means must be capable of recording and recognising the participation of directors and of recording and storing the proceedings of the meeting along with date and time. The section states no other technical or approval condition, so that capability requirement is the test.

  1. AThey must be capable of recording and recognising directors' participation and of recording and storing proceedings with date and timeCorrect
  2. BThey must be provided only by a government-approved agency
  3. CThey must allow participation only by independent directors
  4. DThey must be used only when the company has fewer than four meetings a year

Explanation

Section 173(2) permits participation in person or through video conferencing or other audio visual means which are capable of recording and recognising participation and of recording and storing the proceedings with date and time. The other options add conditions the section does not state.

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