Board committee
This query is : Resolved
ARUN KUMAR MAITRA
(Querist)
27 November 2014
If a listed company while re-constituting the audit committee/other mandatory committee mentions that the terms of reference of the committee(s) shall be in accordance with the applicable provisions of the Companies Act, 2013 and LA. will it be adequate?
CS Mitesh Mehta
(Expert)
28 November 2014
It is advisable to mention terms of reference in resolution.
ARUN KUMAR MAITRA
(Querist)
28 November 2014
If it is stated that the terms of reference of audit committee shall be as per the provisions of section 177 of the Companies,2013 and SEBI Circular dated 17th April,2014,will it not be adequate?
CS Mitesh Mehta
(Expert)
28 November 2014
it is adequate. However if you will give copy of resolution to someone who is not aware about relevant legisation, it better to practice to incorporate terms of reference in resolution or as annexure
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
