Audit Committee definition

Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.
Audit Committee means the Audit Committee constituted by the Board of Directors of the Company in accordance with Section 177 of the Companies Act, 2013 and read with Clause 49 of the Listing Agreement with the Stock Exchanges.

Examples of Audit Committee in a sentence

  • Carrying out any other function as is mentioned in the terms of reference of the Audit Committee.

  • A member of the Audit Committee, who is also a member of the GDST Council, is nominated by Council as ‘Safeguarding Lead’ to take leadership responsibility for safeguarding at organisational level, delegating where appropriate to members of the Senior Management Team.

  • This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditors etc.

  • These risks are regularly reported to CLT and the Joint Governance and Audit Committee.

  • A Committee Chair may also request an Executive lead to attend the Audit Committee to discuss significant risks or matters or issue arising from internal audit reports in greater detail.


More Definitions of Audit Committee

Audit Committee means the audit committee of the Company formed pursuant to Article 42.2 hereof, or any successor audit committee.
Audit Committee means the audit committee of the Board.
Audit Committee means the Audit Committee constituted by the Board of Directors of the Company in accordance with Section 177 of the Companies Act, 2013.
Audit Committee means a committee (or equivalent body) established by the board of directors of an entity for the purpose of overseeing the accounting and financial reporting processes of an insurer or group of insurers, and audits of financial statements of the insurer or group of insurers. The Audit Committee of any entity that controls a group of insurers may be deemed to be the Audit Committee for one or more of these controlled insurers solely for the purposes of this regulation at the election of the controlling person. Refer to Section 14(A)(5) for exercising this election. If an Audit Committee is not designated by the insurer, the insurer’s entire board of directors shall constitute the Audit Committee.
Audit Committee means Committee of the Board of the Company constituted pursuant to Section 177 of the Companies Act, 2013 read with Regulation 18 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Audit Committee means the Audit Committee of the Board.
Audit Committee means Audit Committee constituted by the Board of Directors of the Company, from time to time, under the provisions of the Listing Regulations and the Companies Act, 2013.