When Directors participate through Audio Visual means what are its prerequisites ........

Companies Act-Phase (I & II) Board-powersandMeetings

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When Directors participate through Audio Visual means what are its prerequisites:

It should record the Directors’ participation

It should record and store the proceedings of the meeting

It should recognize the participant Director

All of these

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Explanation:

As per Section 173(2) of Companies Act, 2013 (the Act) read with Rule 3 of the Companies (Meetings of Board and its Powers) Rules, 2014 (the Rules), every Company can hold a Board Meeting through video conferencing or other audio-visual means, which are capable of recording and recognizing the participation of the directors and of recording and storing the proceedings of such meetings along with date and time. The complete process for conducting of Board Meeting through video conferencing is prescribed under Rule 3 of the Companies