Issues Involved

 Whether a company can substitute a large no of workers with robots?

Legal Provision Involved:

 A company’s objective is written under MOA under section 4 of the Companies Act,
2013.
 The conversion of a private company into a public company is done by alteration in
the article of association mentioned under article 13 of the Act.
 The regulation management can be done as per the article of association mentioned
under section 5 of the Companies Act, 2013.
 Meeting of board of director held as per section 173 of the Companies Act, 2013.

PREPARE THE SCRIPT OF ROLE OF THE BOARD MEMEBRS:

As we know that the board of directors are the brain of the company who look after the
company. The board of directors is the principal agent of risk taking and enterprise, the
principal maker of commercial and other judgements. Each board member is expected to
recognise these challenges and ensure that they personally contribute to finding the right
balance between these various competing pressures.

Minutes of the meetings:

To hold the meetings of board of directors it must have a quorum which shall be one third of
its total strength or two directors, whichever is higher, and the participation can be done
through virtual mode. A meeting of the board shall be called by giving not less than seven
days’ notice in writing to every directors.