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Question ID : 42253

Conducting meetings in case of NRI Director and Shareholder

How will a private company conduct board meetings and general meetings if one director and shareholder is Indian and another is NRI ? How will the minutes be maintained both in Companies Act 1956 and in 2013 ?

Posted by Gaurav Kumar Baranwal on Apr 15, 2022

Filed Under Companies Act, 2013

Answer ID : 81511

Video -Virtual BM can be held. Agenda will be send from India to attend the BM in virtual mode. video conference recording to be kept. AGM should be kept in physical mode. you may ask NRI shareholder to appoint proxy in india who will attend the AGM in person. the above is my personal views.

Posted by surya prakash agarwal on May 27, 2022