Re-constitution of board level committees
This query is : Resolved
15 June 2012
Is there any law or convention or CG practice which requires that the Board level Statutory Committees (like Audit Committee, Remuneration Committee etc.) should be reconstituted every Year (i.e. after AGM)??
I saw some good companies like infosys following this practice. Is there any statutory requirement or is this just a good CG practice.
I saw some good companies like infosys following this practice. Is there any statutory requirement or is this just a good CG practice.
16 June 2012
No, there is not any such statutory requirement.
Message likes :
1 times
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
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- ASMT-10 received from A O
- Average Cost Of High Quality Diamonds
- Due Date Clarity
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- IT returns for fresh job holders
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
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
