law: National Bank for Agriculture and Rural Development Act, 1981 
  12. Meetings of
  
  Board.- 
  
  1.     
  
    The
  
  Board shall meet at such times 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 of the Board, or, if for any reason he is unable to attend any
  
  meeting, the Managing Director and in the absence of both, the Chairman and the
  
  Managing Director any other director nominated by the Chairman in this behalf,
  
  and in the absence of such nomination, any other director elected by the
  
  directors present at the meeting, shall preside at the meeting of the Board.
  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.