Section 12(2) in The National Bank For Agriculture And Rural Development Act, 1981
(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.
