Question

An audit committee is required to be constituted by the Board of Directors of _________________

Q: Answer-An audit committee is required to be constituted by the Board of Directors of _________________

Section 177. Audit Committee- 1 The Board of Directors of every listed public company and such other class or classes of companies, as may be prescribed, shall constitute an Audit Committee, Companies Meetings of Board and its Powers Rules,2014 The Board of directors of every listed public company and a company covered under rule 4 of the Companies Appointment and Qualification of Directors Rules, 2014 shall constitute an Audit Committee and a Nomination and Remuneration Committee of the Board.