Record conversation HELP FAST

The MIS Manager and the Controller are meeting today to go over our Company systems including configurations. I will be present while this is going on and we want (need) to record the conversation for documentation. I know that all parties need to be aware that we are recording the conversation and we will make sure we all do. What happends if one individual refuses or doesn't want to be recorder. Can this employee refuse?? I have a meeting in 30 minutes. What's new I just found out. THe life in HR!!!
Thanks for your help

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