Board Meeting through Electronic Mode: A Move towards Corporate Excellence

Abstract

Keeping in tune with the e-governance initiatives world over Companies Act, 2013 introduced a concept of holding board meetings through video conferencing or other audio visual means. This provision enables active participation of the board of directors being globally located during board meetings of the company so as to increase transparency and orderly compliance. This paper tries to examine viability of holding board meetings through electronic mode. This paper is based on reports in the print and electronic media. Board meeting through electronic mode is a gait towards e-governance which will not only support green initiatives but also help the companies to achieve corporate excellence. Present paper includes worldwide legal acknowledgement of board meetings through electronic mode, procedural aspects related to India, technical aspects, its constructive role, issues related to it and offers points to be kept in mind while conducting board meeting through electronic modes.