(1) The meeting of the Board of Directors shall be held as required.
(2) The meeting of the board of directors will be held on the date, time and place specified by the chairman.
(3) At least 24 hours before the meeting of the board of directors, the member-secretary of the board of directors shall give notice to all members with the agenda to be discussed in the meeting.
(4) If more than fifty percent of the total number of members of the board of directors are present, the quorum for the meeting of the board will be considered.
(5) The meeting of the board of directors shall be presided over by the chairman of the said committee and in his absence by a member chosen by the present members of the board of directors.
(6) In the meeting of the Board of Directors, the opinion of the majority shall be valid and in case of equality of votes, the person presiding over the meeting shall cast the deciding vote.
(7) The Board of Directors may invite any employee, official or any other person of the Government of Nepal to participate as an observer in the meeting of the Board as required.
(8) The decision of the board of directors will be certified by the member-secretary of the board (9) Other procedures related to the meeting of the board of directors shall be as determined by the board itself.