MCA to allow board meetings to be held via video conference for three months
The Corporate Affairs Ministry is set to allow companies to hold board meetings dealing with matters of high importance — including decisions on mergers, amalgamation and takeovers — through video conferencing for a period of three months, in the wake of the coronavirus outbreak. A senior government official said that the move was a response to representations by industry bodies and major corporates that board members may not be able to travel due to travel restrictions.