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    <title>Proposed Amendments in COMPANIES (MEETINGS OF BOARD AND ITS POWERS) RULES, 2014</title>
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    <description>Recordings of video conferencing board meetings should be preserved only until minutes are irrefutably confirmed by each Director and signed by the Chairman, and recording may be limited to a summary of decisions rather than entire proceedings; integrity, reliability and confidentiality obligations remain. The Rules already permit audit committees to grant omnibus approval for unforeseen related party transactions subject to prescribed limits, and thresholds for constituting key committees should be reviewed to reduce burdens on smaller unlisted companies.</description>
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