The term of office of a member shall be two years from the date of his nomination by the Government:
4(Provided that the said term of two years may be extended by such period as the Government may deem necessary.
5(9-A. Meeting:—. (1) In the event of sudden and unforeseen absence of Chairman, the member may elect one of the other Government nominees to preside over the meetings of the Board.
(2)The quorum for any meeting of the Board shall be nine, and no business shall be transacted at any meeting without the required number of members being present provided that, if at any meeting less than nine members are present, the Chairman may adjourn the meeting to another date informing the members present and giving notice to the other members that he proposes to dispose of the business at the adjourned meeting whether there is prescribed quorum or not and it shall, therefore be lawful for him to dispose of the’ business at the adjourned meeting, irrespective of the number of members present at such meeting.
(3) A Meeting of the Board shall also be convened whenever a requisition, in writing is received from not less than one-haII of the total number of members of the Board.
(4) The proceedings of each meeting of the Board shall I communicated to all the members of the Board as early as practical and preferably within fifteen days from the date of the meeting.
(5) The proceedings of any meeting of the Board shall be placed for confirmation at the next meeting of the Board].