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VIRTUAL BOARD MEETINGS UNDER THE COMPANIES ACT POST CORONAVIRUS - 19

Volume
3
Issue
1
Pages
Published
Jan 2022
DOI
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Abstract

This essay analyses the extent to which the Companies Act 2013 as well as the Ministry of Corporate Affairs grants companies the right to hold virtual Board Meetings through Audio- Visual means in light of the lockdowns imposed due to Coronavirus. In Part A of the below essay, this author considers relevant provisions of the 2013 Companies Act in terms of the conditions that must be met for virtual board meetings to be conducted. In Part B, this author considers relevant provisions of the Ministry of Corporate Affairs Circulars in terms of the conditions that must be met for virtual board meetings to be conducted. Part C outlines the findings and recommendations of the Company Law Committee Report in terms of the conducting of virtual board meetings.

Authors
VS
Vinayak Sankaranarayanan
Keywords
Companies Act 2013virtual board meetingsvideo conferencingMCA circularsCOVID-19corporate governance
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