law: The Small Industries Development Bank of India Act, 1989 
  11. Meetings of the Board 
  1.     
  
    The
  
  Board shall meet at such time and places and shall observe such rules of
  
  procedure in regard to the transaction of business at its meetings as may be
  
  prescribed.
  2.     
  
    The
  
  Chairman or, if for any reason he is unable to attend a meeting of the Board,
  
  any Director nominated by the Charm in this behalf and in the absence of such
  
  nomination any other Director, elected by the Directors present from amongst
  
  themselves at the meeting, shall preside at the meeting.
  3.     
  
    All
  
  questions which come up before any meeting of the Board shall be decided by a
  
  majority of votes of the Directors present and voting, and in the event of an
  
  equality of votes, the Chairman, or in his absence, the person presiding, shall
  
  have a second or casting vote.