Notice of meeting of board of directors

Notice of meeting of board of directors

(1) Except as otherwise provided in the articles of association of a company, the company secretary or Chairperson of the board or chief executive of the company shall call a meeting of the board of directors of the company.

(2) Notwithstanding anything contained in Sub-section (1) if at least twenty-five percent directors of the total number of directors make written requisition, setting out the subject to be discussed in the meeting, for calling the meeting of the board of directors, the Chairperson shall call the meeting of the board no later than seven days of the receipt of such requisition. If the meeting of the board of directors is not called within that period, such requisition making directors themselves may call the meeting of the board of directors.

(3) The matters about the notice of a meeting of the board of directors shall be as provided in the articles of association of the company. Failing such provision, a written notice of the meeting of the board of directors and agenda thereof shall be sent to every director at the address supplied by him/her to the company; and such notice may also be given through any electronic means of communication.