The Federation of Indian Chambers of Commerce and Industry (Ficci) has prepared a discussion paper in response to various issues raised with regard to holding of board meetings of companies through video conferencing.
The department of company affairs (DCA) is considering amendments in the relevant provisions of the Companies Act, 1956, to allow firms to hold board meetings through electronic means such as video conferencing and teleconferencing.
The Ficci discussion paper makes the following recommendations:
* Holding board meetings through video conferencing has become inevitable in today