Board Committees requirement: listed and specified companies must establish Audit and Nomination & Remuneration Committees. The board of directors of every listed public company and companies covered by rule 4 must constitute an Audit Committee and a Nomination and Remuneration Committee, establishing board-level oversight for financial reporting, internal controls, director appointment and remuneration policies; earlier versions imposed threshold-based coverage and transitional timelines tied to rule commencement or appointment of independent directors.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Board Committees requirement: listed and specified companies must establish Audit and Nomination & Remuneration Committees.
The board of directors of every listed public company and companies covered by rule 4 must constitute an Audit Committee and a Nomination and Remuneration Committee, establishing board-level oversight for financial reporting, internal controls, director appointment and remuneration policies; earlier versions imposed threshold-based coverage and transitional timelines tied to rule commencement or appointment of independent directors.
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