Political Science, asked by ayushbutt1337, 1 year ago

Explain clause 49 of audit committee as per companies act 2013

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Answered by PiyushSinghRajput1
0
Companies Act 2013 lays down limit on overall number of directorships whereas Revised clause 49 lays down restrictions on number of companies in which person can serve as an independent director. As perrevised Clause 49, a person shall not serve as an independent director in more than seven listed companies.
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