audit committee
This query is : Resolved
10 April 2009
Do an unlisted Limited Company with no Public deposit require to make Audit Committee.
10 April 2009
Public limited company where their shares have been listed in any stock exchanges are required to create audit committee and capital is 3crores an above.
and other unlisted Public limited companies whose turnover is more than 25crores or capital is more than 5crores has to have a audit committee.
If your company is falling under second category then you have to constitute a audit committee.
and other unlisted Public limited companies whose turnover is more than 25crores or capital is more than 5crores has to have a audit committee.
If your company is falling under second category then you have to constitute a audit committee.
10 April 2009
agreee
01 May 2009
Strange answer above...
well Ritu as per section-292A if your company is a public co. with paid up capital of Rs. 5 crore or more then you have to constitute Audit Committee.
Public Deposit does not make any difference...and not a deciding factor..
Regards
well Ritu as per section-292A if your company is a public co. with paid up capital of Rs. 5 crore or more then you have to constitute Audit Committee.
Public Deposit does not make any difference...and not a deciding factor..
Regards
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