Audit Committee

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.... (a) The audit committee shall have minimum three directors as members. (b) At least two-thirds of the members of audit committee shall be independent directors. (c) All members of audit committee shall be financially literate and at least one member shall have accounting or related financial management expertise. Explanation (1): - For the purpose of this r....

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....she shall be present at Annual general meeting to answer queries of the shareholders. (e) The company secretary shall act as the secretary to the audit committee. (f) The audit committee, at its discretion, shall invite the director or head of the finance function, head of internal audit and a representative of the statutory auditor and any other such executives to be present at ....