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.

Audit Committee means a Committee constituted by the Board of Directors of the Company in accordance guidelines of Listing Agreement and Companies Act, 2013.

Examples of Audit Committee in a sentence

• Audit committee independence is associated with a decrease in the likelihood of auditor dismissal following going-concern opinions (Carcello and Neal 2003) and an increase in the likelihood of auditors’ issuing going-concern opinions (Carcello and Neal 2000).

• A statement in summary form the transaction with related parties in the ordinary course of business and arm's length basis is periodically placed before the Audit committee for review and recommendation to the Board for their approval.As required under Clause 49, the Company has formulated a policy on materiality of Related Party Transactions and dealing with Related Party Transactions.

• Ramakrishnan, an independent director and Chairman of the Audit committee (Namaskar).

• The Audit committee provides assurance to the Group’s senior management that the Group’s financial risk- taking activities are governed by appropriate policies and procedures and that financial risks are identified, measured and managed in accordance with Company policies and risk appetite.Notes to the Financial Statements ...

• We accept responsibility for establishing and maintaining internal controls for financial reporting and that we have evaluated the effectiveness of internal control systems of the company pertaining to financial reporting and we have disclosed to the auditors and the Audit committee, deficiencies in the design or operation of such internal controls, if any, of which we are aware and the steps we have taken or propose to take to rectify these deficiencies.

More Definitions of Audit Committee

Audit Committee means the audit committee of the Board.

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 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.