(1) The Board shall maintain its office at such place as the Board may decide.
(2) At meetings of the Board, the Chairman or in his absence one of the Members to be elected for the purpose at the meeting, shall preside.
(3) No businesses shall be transacted at any meeting unless at least five Members are present.
(4) Every decision of the Board shall, except as expressly provided by this Act, be passed by a majority of votes, and in case of equality of votes, the person presiding shall have a second or casting vote.
(2) At meetings of the Board, the Chairman or in his absence one of the Members to be elected for the purpose at the meeting, shall preside.
(3) No businesses shall be transacted at any meeting unless at least five Members are present.
(4) Every decision of the Board shall, except as expressly provided by this Act, be passed by a majority of votes, and in case of equality of votes, the person presiding shall have a second or casting vote.
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More sections of this act
Section 1 · Short title and commencement.Section 2 · Act to over-ride other laws.Section 3 · DefinitionsSection 4 · The Board.Section 5 · Incorporation.Section 6 · Term of office of the Members.Section 7 · Disqualifications for mem-bership of Board.Section 8 · Dissolution and supper session of the Board.India Code, Government of India. Text fetched 15 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.