Business Studies

The person who presides over the meeting is called ___________.


ANSWER

Chairman


SOLUTION
Section 118 of the Companies Act refers to minutes of proceedings of general meetings and of Board and other meetings. It prescribes that the Chairman has to conduct the meeting of its Board of Directors and about the power of Chairman on inclusion of matters in minutes of meeting. With reference to the provisions of the Act and as stated in Articles of Association, as a matter of practice, the Chairman of a Company presides over the meetings of the board.
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