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17/06/2024
Laws of Bangladesh

The Grameen Bank Ordinance, 1983

( Ordinance NO. XLVI OF 1983 )

Meeting
17. (1) The meetings of the Board shall be held at such times and at such places as may be determined by the Board:
 
 
 
 
Provided that a meeting may otherwise be convened by the Chairman when he so thinks fit.
 
 
 
 
(2) During the initial period, the quorum for a meeting of the Board shall be three Directors present in person and thereafter the quorum of such meeting shall be four Directors present in person.
 
 
 
 
(3) At a meeting of the Board, each Director shall have one vote and in the event of equality of votes, the person presiding shall have a casting or second vote.
 
 
(4) No Director shall vote on any matter in which he is directly or indirectly personally interested.
 
 
 
 
(5) If for any reason the Chairman is unable to be present at a meeting of the Board, the Directors present may elect a Chairman from amongst themselves to preside over the meeting.

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