hold a physical meeting(иногда в "совместное присутствие" включают участие с использованием конференц-связи, поэтому вариант перевода небесспорен.: Virtual-only meetings are not currently available for most public companies, as they are required by their articles to hold a physical meeting'More)
physical meeting(e.g. Intel reported to concerned investors that they had decided to continue to hold a physical annual meeting in 2010 and were putting aside the virtual only meeting. 'More)