Thanks Neha Ji for Noticing.....
Corrigendum to the Provisons...
(B) Meeting of Audit Committee
The audit committee should meet at least four times in a year and not more than four months shall elapse between two meetings. The quorum shall be either two members or one third of the members of the audit committee whichever is greater, but there should be a minimum of two independent members present.
II Audit Committee.
A. Qualified and Independent Audit Committee
A qualified and independent audit committee shall be set up and shall comply with the following:
(i) The audit committee shall have minimum three directors as members. Two-thirds of the members of audit committee shall be independent directors.