Audit Committee

Sandeep Mishra (CA FINAL) (151 Points)

23 April 2010  
In a case where all the members of the audit committee are from non - commerece background but they have previously held higher managerial posts in the corporate world can be aapointed as the members of the audit commitee? Act says at least one person shud be financial expert..... I solicit ur opinion regarding the issue