šŸ“¢ Too many exams? Don’t know which one suits you best? Book Your Free Expert šŸ‘‰ call Now!

  • google app store apple app store
  • āœ–

      Question

      What is the minimum frequency with which the Audit

      Committee of a listed company must review compliance as per the SEBI (Prohibition of Insider Trading) Regulations and verify the effectiveness of internal control systems?
      A Quarterly Correct Answer Incorrect Answer
      B Biannually Correct Answer Incorrect Answer
      C Annually Correct Answer Incorrect Answer
      D Every two years Correct Answer Incorrect Answer
      E Monthly Correct Answer Incorrect Answer

      Solution

      Regulation 9A Institutional Mechanism for Prevention of Insider trading (4) The Audit Committee of a listedĀ  company or otherĀ  analogous body forĀ  intermediary or fiduciary shallĀ  review compliance with the provisions ofĀ  theseĀ  regulations at least onceĀ  in a financial year and shall verify that the systems for internal control are adequate and are operating effectively.

      Practice Next
      More Other Laws and Acts Questions
      ask-question