Question
Find out correct statement?
-
A
Audit committee with 2/3rd majorities of members & chairperson are required to have ability to read & understand financial statements.
-
B
2 director & 1 independent director with chairperson in audit committee shall have ability to read & understand financial statements
-
C
Only 1/3rd member of audit committee & its chairperson shall have ability to read & understand financial statements
-
D
Min 3 directors with independent directors forming majority, constituting Audit Committee shall have ability to read & understand financial statements.