Audit Committee & Corporate Governance

As per Sec.177 of Companies Act, 2013 which of the following companies are required to constitute audit committee:

As per Sec 177 of Companies Act, 2013, audit committee shall consist of minimum of:

As per proviso to Sec. 177(4)(iv), in case any transaction involving any amount not exceeding Rs 1Cr. is entered into by a director or officer of the company without obtaining the approval of the Audit Committee and it is not ratified by the Audit Committee within 3 months from the date of the transaction,

As per Regulation 18 of SEBI(LODR) Regulations, 2015, audit committee shall consist of minimum of:

As per Regulation 18 of SEBI(LODR) Regulations, 2015, audit committee shall meet at least ___ in a year and not more than____ shall elapse between two meetings.

Which of the following does not fall in mandatory review area of Audit committee?

Regulations 17 to 27 of SEBI(LODR) Regulations, 2015 relating to Corporate Governance shall be applicable on:

As per Regulation 17 of SEBI(LODR) Regulations, 2015, the Board of Directors of the company shall have an optimum combination of executive and non-executive directors with at least ____ and not less than 50% of the Board of Directors comprising ______.

Which of the following is incorrect in relation to constitution of Nomination and Remuneration Committee as per Regulation 19 of SEBI(LODR) Regulations, 2015:

As a part of Corporate Governance compliance under SEBI(LODR) Regulations, 2015, CEO/CFO shall make a certificate to the Board. which of the following is not a part of CEO/CFO certification?

As per SEBI(LODR) Regulations, 2015, the Board of Directors of the company shall have an optimum combination of executive and non-executive directors with _____ and not less than ____ of the Board of Directors comprising non-executive directors.

As per SEBI(LODR) Regulations, 2015, where the chairperson of the Board is a non-executive director, at least ____ should comprise independent directors and in case the company does not have a regular non-executive chairman, at least ____ should comprise independent directors.

As per SEBI(LODR) Regulations, 2015, the board of directors shall constitute the nomination and remuneration committee comprising of at least ___; all directors of the committee shall be ___ and at least ___ of the directors shall be independent directors.

As per SEBI(LODR) Regulations, 2015, the board of directors shall constitute a Risk Management committee. The majority of members of Risk Management Committee shall consist of members of the _____.

As per SEBI(LODR) Regulations, 2015, provisions relating to Risk Management Committee shall be applicable to ____.

As per SEBI(LODR) Regulations, 2015, the listed entity shall formulate a vigil mechanism for ____ to report genuine concerns.

Regulations 17 to 27 and 46(2) of SEBI(LODR) Regulations, 2015 dealing with Corporate Givernance requirements shall be applicable to all companies whose securities are listed on a recognized stock exchange. However, compliance is not required, in respect of the companies having paid uo equity share capital not exceeding ____ and Net Worth not exceeding ___, as on the last day of the previous financial year.

As per SEBI(LODR) Regulations, 2015, the listed entity shall submit a quarterly compliance report on corporate governance to the recognized stock exchange within ______.

Quarterly compliance report on corporate governance submitted to the stock exchanges shall be signed

As per SEBI(LODR) Regulations, 2015, the company shall obtain a certificate regarding compliance of conditions of corporate governance from ______ and annex the certificate with the directors’report, which is sent annually to all the shareholders of the company.

ABC Ltd. is a listed entity and number of directors in the company is 10. Audit committee formed by the company with the minimum requirement of directors and independent directors as per the requirements of Sec. 177 of Companies Act, 2013 and Regulation 18 of SEBI(LODR) Regulations, 2015. The number of independent directors in the audit committee of the company must be.

Which of the following does fall in mandatory review area of Audit committee?

As per SEBI(LODR) Regulations, 2015, the quarterly and year to date results shall be prepared in accordance with the recognition and measurement principles laid down in

Audit matters of governance interest to be communicated by the auditor to the board or audit committee ordinarily include all the following except:

The quarterly financial results submitted to the Stock Exchange shall be approved by