an individual who is not a director but a member/chairman of audit committee of an unlisted public company will be counted for reckoning the limit of member/chairman under LODR.
P.S. he is already holding chairmanship/membership in 5/10 Companies.
Gurprit (Company Secretary) (44 Points)
17 March 2016an individual who is not a director but a member/chairman of audit committee of an unlisted public company will be counted for reckoning the limit of member/chairman under LODR.
P.S. he is already holding chairmanship/membership in 5/10 Companies.
Megha Choudhary
(Management Trainee)
(541 Points)
Replied 17 March 2016
HE NEEDS TO BE A DIRECTOR TO BE COUNTED FOR THE LIMIT