1

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.