(1) The Board shall meet at such times. and places and shall observe such rules the Ni!
of procedure in regard to transaction of the business at its meetings as may be provided by regulation :
Provided that the Board shall meet atleast once in every three months 'process
(2) The Chairman' of the Board or, in his absence, the vice-Chairman, or in the absence search.
of both the Chairman and the vice-Chairman, any other director 'chosen by the directors ment a, growenpresent at the meeting shall preside at a meeting, I _':1; or ive meet-, Govern- , ~ vacated 1 become;
(1) :11I it in the neat and 180 9
(3) All matters which come up before any meeting of the Board shall be decided by ~ ';ority of the votes of the directors present and voting and, in the event of equality of ;,~/[b0 person presiding shall have a second or casting vo,te,
(4) In case the Board deems necessary to seek the advice or opunon of any person on any particular matter, the Board may invite such person to attend any meeting of the Board, such an invitee shall have a light to participate in any discussion but shall have no right to vote at the meeting.