Attendance at board meetings entitles directors to sitting fees and allowances even if meetings are adjourned for lack of quorum. Section 309(2) allows payment of meeting remuneration where a director 'attends' a board or committee meeting. 'Attend' means being present to participate in proceedings, not contingent on the meeting actually proceeding. If a director is present but the meeting is adjourned for want of quorum or cannot proceed for reasons outside the director's control, that presence counts as attendance and entitles the director to sitting fees and travelling allowances.
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.
Attendance at board meetings entitles directors to sitting fees and allowances even if meetings are adjourned for lack of quorum.
Section 309(2) allows payment of meeting remuneration where a director "attends" a board or committee meeting. "Attend" means being present to participate in proceedings, not contingent on the meeting actually proceeding. If a director is present but the meeting is adjourned for want of quorum or cannot proceed for reasons outside the director's control, that presence counts as attendance and entitles the director to sitting fees and travelling allowances.
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