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Whether sitting fee, travelling allowances, etc., are payable to director for being present in board meeting which was adjourned for want of quorum

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Full Text of the Document

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....Law<br>Circular No. 1/72, dated 2&#8209;2&#8209;1972. Subject:- Whether sitting fee, travelling allowances, etc., are payable to director for being present in board meeting which was adjourned for wa....

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....ting and not on the "actual holding" of the meeting. If the meeting of the board could not be held for want of quorum or for any other reason not within the control of the director concerned, that doe....