audit committee

Aditi (Student) (389 Points)

05 June 2018  
as per companies amendment act 2017 only listed public companies will be required to form audit committee ..but as per LOADR which is applicable to any listed alentity who have listed any of specified security ( say non convertable deb.) , every such entity is required to create audit committee .


query:- in case pvt. co. has listed its non convertible deb. on recognise stock exchange then will it be required to have audit committee.?