Ousted Tata Sons Chairman wasn't allowed access to a video clipping of the Tata Global Beverages Board meeting, reports The Economic Times.
Ousted Tata Sons Chairman wasn't allowed access to a video clipping of the Tata Global Beverages Board meeting, reports The Economic Times. Speaking to the newspaper, the person in the know of the development, said that owing to a technical glitch - a systems failure -- the recording of the meeting didn't take place.
Apparently, Mistry had wanted the video before he left the meeting, the person said. Although the company had made available the written minutes of the meeting for Mistry to have a look, he was told he couldn't have the video a week after the meeting was held.
According to The Compannies Act's Section 173, a board meeting has to be documented through a video and stored if a director participates in a boardroom meeting through a video conference. It should be time-stamped and made readily available on demand by a regulator.The Great Diwali Discount!
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First Published on Nov 25, 2016 08:22 am