4 Matters Not to be Dealt With in a Meeting Through Video Conferencing or Other Audio Visual Means
1[The] following matters shall not be dealt with in any meeting held through video conferencing or other audio visual means.-
(i) the approval of the annual financial statements;
(ii) the approval of the Board’s report;
(iii) the approval of the prospectus;
(iv) the Audit Committee Meetings for 2[consideration of financial statement including consolidated financial statement if any, to be approved by the board under sub-section (1) of section 134 of the Act]; and
(v) the approval of the matter relating to amalgamation, merger, demerger, acquisition and takeover.
Amendments
1. Substituted by the Notification Dated 14th August 2014.
In sub-rule (1), for the brackets, figure and word “(1) The”, the word “The” shall be substituted.
2. Substituted by the Notification Dated 14th August 2014.
In clause (iv), for the words “consideration of accounts”, the words “consideration of financial statement including consolidated financial statement, if any, to be approved by the Board under sub-section (1) of section 134 of the Act” shall be substituted. |