https://www.taxtmi.com/circulars?id=9825 Cost auditors may be invited to attend and participate in audit committee meetings to assist on cost management and related matters but are not members and have no voting rights. The audit committee is to be constituted only from directors; auditors and internal auditors may attend to present views, and where a cost auditor acts as an internal auditor they may participate without voting. Any view that cost auditors can be committee members is incorrect. en-us Thu, 09 Jan 2003 00:00:00 +0530 Thu, 09 Jun 2011 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9825 Cost auditors may be invited to attend and participate in audit committee meetings to assist on cost management and related matters but are not members and have no voting rights. The audit committee is to be constituted only from directors; auditors and internal auditors may attend to present views, and where a cost auditor acts as an internal auditor they may participate without voting. Any view that cost auditors can be committee members is incorrect. Circulars Companies Law Thu, 09 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9825