Clarification on Green initiative in the Corporate Governance – Participation by Directors in meetings of Board / Committee of Directors under the Companies Act, 1956 through Electronic mode

Clarification on Green initiative in the Corporate Governance – Participation by Directors in meetings of Board / Committee of Directors under the Companies Act, 1956 through Electronic mode https://www.taxtmi.com/news?id=1861 Shareholder participation in general meetings via electronic mode-specifically through a videoconference facility enabling real time audio visual interaction-is permitted when notice discloses availability and access details. The chairman and secretary must safeguard meeting integrity, ensure equipment, prepare minutes, restrict remote attendance to the shareholder or proxy, and manage interrupted communications. Statutory location and quorum requirements continue to apply, requiring physical presence of the chairman and the requisite number of members, while listed companies are advised to provide multi location videoconference connectivity to facilitate wider participation. en-us Fri, 20 May 2011 23:39:04 +0530 Fri, 20 May 2011 23:39:04 +0530 TaxTMI RSS Generator Clarification on Green initiative in the Corporate Governance – Participation by Directors in meetings of Board / Committee of Directors under the Companies Act, 1956 through Electronic mode https://www.taxtmi.com/news?id=1861 Shareholder participation in general meetings via electronic mode-specifically through a videoconference facility enabling real time audio visual interaction-is permitted when notice discloses availability and access details. The chairman and secretary must safeguard meeting integrity, ensure equipment, prepare minutes, restrict remote attendance to the shareholder or proxy, and manage interrupted communications. Statutory location and quorum requirements continue to apply, requiring physical presence of the chairman and the requisite number of members, while listed companies are advised to provide multi location videoconference connectivity to facilitate wider participation. News - Fri, 20 May 2011 23:39:04 +0530 https://www.taxtmi.com/news?id=1861