Procedure for Conducting a Board Meeting
• Every company shall hold the first meeting of the Board of Directors within thirty days of the date of its incorporation and thereafter hold a minimum number of four meetings of its Board of Directors every year in such a manner that not more than one hundred and twenty days shall intervene between two consecutive meetings of the Board.
Audit Committee under Companies Act 2013 & Listing Regulations
Audit Committee is required to be constituted under Section 177 of the Companies Act, 2013 read with Rule 6 of the Companies (Meetings of Board and its Powers) Rules of 2014 as well as SEBI (LODR) 2015. An audit committee is a governing body responsible for overseeing financial reporting and ensuring compliance with statutory audit requirements. Its primary duties include promoting accountability, ensuring adherence to regulatory standards, and facilitating transparent financial disclosures.