Answer-What shall be the composition of an Audit Committee?

Section 177. Audit Committee - 2 The Audit Committee shall consist of a minimum of three directors with independent directors forming a majority Provided that majority of members of Audit Committee including its Chairperson shall be persons with ability to read and understand, the financial statement.

Question

What shall be the composition of an Audit

Committee?

A Minimum of three directors

B Maximum of three directors

C Minimum of three directors with no independent directors

D Minimum of three directors with independent directors forming a majority

E None of the above

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What shall be the composition of an Audit

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