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Bosch Ltd is an unlisted public company having PUC of 15 crores, turnover of 50 crore and aggregate borrowing and debt of 50 crores: Will it be required to form a Nomination and Remuneration Committee?

March 27, 2020

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The Audit Committee of Arc Ltd. requested the CA firm engaged in audit of Arc Ltd. to produce its Auditor’s Report as per terms of reference of such Committee with the BOD. The CA firm outright declined saying that the Audit Committee was overstepping its limits. Is the view of the CA Firm proper as…

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A Nomination and Remuneration Committee has 4 member Directors including the Chairperson of BOD. All of whom are non-executive and 2 are Independent Directors. Is the constitution proper? If not, why?

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