(2) The Chairman shall preside every meeting of the Board.
(3) All matters in a meeting of the Board shall be decided by the vote of the majority of the members present and voting :
Provided that in the case of equality of votes, the Chairman shall, in addition to his vote as a member, have a casting vote.
(4) Two-third of the total membership shall form a quorum at a meeting of the Board :
Provided that if a meeting is adjourned for want of quorum, no quorum shall be necessary at the next meeting for transacting the same business.
(5) Copy of the proceedings of every meeting of the Board shall be sent to the Government by the Secretary as soon as the meeting is held.
(6) No action taken, or proceedings taken, under this Act by the Board shall be invalid merely on the ground of the existence of any vacancy amongst members, or by reason of defect or irregularity in its constitution or any irregularity in procedure not affecting the merits of the case.]
Source footnotes
1. Section 40 substituted by S.O. 3466 (E) dated 05.10.2020.आगे पढ़ें / Continue reading
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Interpretation.Section 3 · Incorporation of the Board.Section 4 · Composition of the Board.Section 5 · Term of office of members.Section 6 · Filling of vacancies on expiry of term of office.Section 7 · Vacancy of member owing to absence without permission.Section 8 · Publication of names.India Code, Government of India. Text fetched 11 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.