Risk management policy
This query is : Resolved
10 March 2015
Which section talks about the implementation of Risk Management Policy under companies act
10 March 2015
http://www.ey.com/Publication/vwLUAssets/EY-companies-act-13-embedding-risk-management-in-the-business-rhythm/$FILE/EY-companies-act-13-embedding-risk-management-in-the-business-rhythm.pdf
10 March 2015
it is not getting opened. can you please tell me the section i will refer the act
10 March 2015
as far as mah knowledge check section 134
10 March 2015
that section only talks about disclosure in boards' report but i wanted to know in which section it is written that which class of companies is required to implement the policy
10 March 2015
clause 49 of listing agreement had made it applicable for various companies...
rest i wil confirm and let u know if i wil found something
rest i wil confirm and let u know if i wil found something
10 March 2015
As per Section 177 of the Companies Act, 2013 Audit committee evaluate internal financial controls and risk management systems of the company. Rule 6 Companies (Meetings of Board and its Powers) Rules, 2014 The Board of directors of every listed companies, all public companies with a paid up capital of ten crore rupees or more;
all public companies having turnover of one hundred crore rupees or more;all public companies, having in aggregate, outstanding loans or borrowings or debentures or deposits exceeding fifty crore rupees or more require to constitute Audit Committee.
According to my view, class of companies required to constitute Audit committee is required to implement Risk Management Policy . Audit committee will constitute policy.
all public companies having turnover of one hundred crore rupees or more;all public companies, having in aggregate, outstanding loans or borrowings or debentures or deposits exceeding fifty crore rupees or more require to constitute Audit Committee.
According to my view, class of companies required to constitute Audit committee is required to implement Risk Management Policy . Audit committee will constitute policy.
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
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- TDR receipts for agreement holder
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Company Incorporation - CA and directors signing from different states
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- Intimation wrongly states taxpayer has offerred u/s. 44ad & states probable resolutiton to do audit
- Refund AY 2012-13 and 2013-14
- DIRECT TAX CODE 2025
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
