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        SEBI

        Regulation 7 - Leave of absence

        Securities and Exchange Board of India (Procedure for Board Meetings) Regulations, 2001
        Chapter II
        Meetings of the Board

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        Leave of absence for board members must be granted and recorded in meeting minutes as a procedural requirement. Granting and recording of leave of absence for Board members is authorised as a procedural mechanism for meetings. The Board may permit a member who is not present to be excused from attendance, and any such leave must be entered in the meeting minutes, creating an obligation to document member nonattendance in official records.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Leave of absence for board members must be granted and recorded in meeting minutes as a procedural requirement.

                                Granting and recording of leave of absence for Board members is authorised as a procedural mechanism for meetings. The Board may permit a member who is not present to be excused from attendance, and any such leave must be entered in the meeting minutes, creating an obligation to document member nonattendance in official records.


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