- Rule 4 of Companies (Meetings of Board and its Powers) Rules, 2014 has been omitted.
- Thus, Board Meeting through Video-Conferencing is now allowed for matters such as:
- Approval of Financial Statements, Board Report and Prospectus.
- Audit Committee Meeting for consideration of accounts.
- Approval of matter relating to amalgamation, merger, demerger, etc
Source: MCA Notification dated 15th June, 2021.
Regards
Team OC
