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Section 7: Meetings of Board.

The Deposit Insurance and Credit Guarantee Corporation Act, 1961Central Act · Act 47 of 1961

(1) The Board shall meet at such times and places and shall observe such rules of procedure in regard to the transaction of business at its meetings as may be prescribed.

(2) The Chairman or, if for any reason he is unable to attend the director nominated under clause (b) of sub-section (1) of section 6 shall preside at meetings of the Board and, in the event of equality of votes, shall have a second or casting vote.

Where this provision sits

ActThe Deposit Insurance and Credit Guarantee Corporation Act, 1961
Section7
Marginal noteMeetings of Board.
JurisdictionCentral
StatusIn force as published by the source

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