10. Meeting and Decision of the Board of Directors:(1) The Meeting
of Board of Directors shall be held on the date, time and place
prescribed by the Chairperson.
(2) The Meeting of Board of Directors shall be held as per
necessity.
Provided that, the gap between two meetings shall not be more
than two months.
(3) The chairperson shall chair the meeting of Board of Directors,
and the person selected by the members among themselves shall chair
the meeting in the case of absence of the chairperson.
(4) Presence of fifty percent of total number of members of the
Board of Directors shall be deemed as quorum of meeting.
(5) Opinion of majority shall be valid in the Meeting of Board of
Directors; and the person presiding over the meeting may give his
decisive vote also in the case of a tie.
(6) Minute of the Board of Directors shall be certified by the
Chairperson and the Member Secretary.
(7) Other procedure relating to the meetings of Board Directors
shall be as determined by the Board of Directors itself.