Meeting of the Board

Corporate195831 sections

Statutory text

(1) The Board shall meet at such times and places and shall, subject to the provisions of sub-sections
(2) and
(3) observe such rules of procedure in regard to transaction of business at its meetings (including the quorum at meetings) as may be provided by regulations: Provided that the board shall meet at least once in two months.
(2) The Chairman, or in his absence the Vice-Chairman, and in the absence of both the Chairman and Vice-Chairman, any member of the Board chosen by the members present among themselves, shall preside at a meeting of the Board.
(3) All questions at a meeting of the Board shall be decided by a majority of the votes of the members present and voting and in the case of an equality of votes, the person presiding at the meeting shall have a second or casting vote.
(4) A copy of the agenda for every meeting as well as the proceedings of the meeting of the Board shall be forwarded to the Government in the Industries Department.

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