PROCEEDINGS OF THE BOARD

15.(A) (i) The Chairman of the Board shall, when present, preside at all meetings of the Board;

2. In the absence of the Chairman, the members of the Board present at the meeting shall  elect one amongst themselves to be the Chairman for that particular meeting;  

3. Atleast four meetings of the Board shall be held every year;  

4. The Chairman may himself require the Company Secretary to call a meeting of the Board at any time. If a requisition in writing is made to the Chairman by not less than one third of the members of the Board having voting rights on the date of requisition, the Chairman shall require the Company Secretary to call a meeting of the Board within 21 days;

5. Not less than seven days notice of every meeting of the Board shall be given to each member of the Board who shall, for the time being, be in India;

6. At any meeting of the Board, two members of the Board personally present at the meeting shall constitute the quorum;

7. Each member of the Board including the Chairman shall have one vote and in case of tie, the Chairman shall, in addition to his own vote have a casting vote.

2. The Board may constitute/reconstitute, from time to time, functional sub-committees dealing with different functions connected with trade and commerce, information, territorial sub-committees, and such other sub-committees as may be deemed necessary. The sub-committees so constituted may consist of members of the Centre as well as others having specialized knowledge.

3. Subject to such delegation of functions as may be authorised by the Board, the Chairman of a Sub-committee, may on behalf of its members, make recommendations to the aspect of the work of the Centre relating to the function for which the sub-committee has been set up.

COMMITTEES

16. The  Board  may,  from  time  to  time, appoint Committees for the purpose of considering and reporting on any of the affairs of the Centre or carrying on or promoting any of the objects of the Centre.  

17. A)   The Company Secretary of the Centre shall ordinarily be the Secretary of the Board and the Member Secretary of the Committee of Administration.  

B) The Committee may appoint any other officer of the Centre as Secretary of the other Sub-Committees of the Centre failing which the Company Secretary shall be the Secretary of such-committee as well.