153 Meetings of director

(1) Subject to the memorandum or articles of a company, the directors of a
company may meet at such times and in such manner and places within

or outside Seychelles as they may determine to be necessary or desirable.

(2) Subject to the memorandum and articles, any one or more directors may
convene a meeting of directors.

(3) A director shall be deemed to be present at a meeting of directors if —

(a) the director participates by telephone or other electronic means;
and

(b) all directors participating in the meeting are able to hear each
other.

(4) The quorum for a meeting of directors is that fixed by the memorandum
or articles but, where no quorum is so fixed, a meeting of directors is
properly constituted for all purposes if at the commencement of the
meeting one half of the total number of directors are present in person or
by alternate.