Securities and exchange board of India (Procedure for Board Meetings) Regulations, 2001 — THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

Securities and exchange board of India (Procedure for Board Meetings) Regulations, 2001 Contents Chapter I: Preliminary Short title and commencement Definitions Chapter II: Meetings of the Board Convening of Meetings Place and time of meetings Notice Quorum Leave of absence Minutes of the meeting Chapter III: Obligations of the members Member not to participate in meetings in certain cases Obligation of a member to give information of disqualification Declaration of fidelity Chapter IV: Miscellaneous Officer to be nominated for keeping custody of the minutes book, common seal etc. Manner and form in which contracts may be executed 14 . Accounts and documents by whom to be signed Affixation of Common Seal Schedule – – I: Procedure for allowing Members to participate in Board meetings through video conferencing or other audio visual means Schedule – II: Declaration of Fidelity and Secrecy Securities and exchange board of India (Procedure for Board Meetings) Regulations, 2001 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby makes the following regulations, namely: - Chapter I Preliminary 1. Short title and commencement (1) These regulations may be called Securities and Exchange Board of India (Procedure for Board Meetings) Regulations, 2001. These regulations shall come into force on the date of their publication in the Official Gazette. 2. Definitions In these regulations, unless the context otherwise requires :— (a) “Act” means the Securities and Exchange Board of India Act, 1992 (15 of 1992); (b) "Board" means the members of the Board as constituted under section 4 of the Securities and Exchange Board of India Act, 1992 (15 of 1992); (c) “Chairman” me