Whether sitting fee, travelling allowances, etc., are payable to director for being present in board meeting which was adjourned for want of quorum

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ch was adjourned for want of quorum Section 309(2) provides that a director may receive remuneration by way of fee for each meeting of the board of directors or for a committee thereof attended by him. The usual accepted meaning of the word attend in the aforesaid section is to be present at a meeting of the board with a view to participating in its proceedings . The emphasis in this regard .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X