purvikakani (CS) (99 Points)
13 December 2014Dear Friends & Colleagues,
What procedure needs to be adopted in case a company falls under the ambit of formulating Nomination & Remuneration Committee & Audit Comitteee under companies act 2013.
What filings needs to be done to ROC in that respect?
Thanks in advance.
Best Regards
Purvi Kakani
CS Mitesh Mehta
(Company Secretary)
(17139 Points)
Replied 16 December 2014
1. First decide who will be the members of the committee & terms of reference of committee
2.Call Board Meeting or pass circular resolution for constitution of committes. Resolution must include members of committee, terms of reference, frequency of meeting, quorum etc.
3. in case of listed company intimate the constitution of committes to the stock exchange. No ROC filing is needed
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