meeting held on 14.11.2005, it was also resolved to have an audit committee to discharge certain duties including the above referred duties of the Board ... meeting of the Board with the subject for constituting an audit committee as per resolution dated 14.11.2005. The accused also called for a meeting
aspect is likely to to against the present petitioner because the Audit Committee of the RBI has to see the account adjusted ... supposed to be counted upon unless it is noticed by the Audit Committee. If this version of Mr. Shah is accepted then it would amount
other charges. Further the draft
of this circular was placed before Audit Committee on
10.06.2010, instead of Board of Directors meeting which
took place
maintained at the Hospitals.
IV. The petitioner was a part of audit committee ... audit committee is in charge of the
Internal Financial Controls of the company as per section 177 of
Companies Act, 2013 which include ascertaining
Board of Directors as well as by the Audit Committee and there was
no reason for the petitioner to suspect any wrongdoing in such
decision
aspect is
likely to to against the present petitioner because the Audit
Committee of the RBI has to see the account adjusted ... supposed to be counted upon unless it is noticed
by the Audit Committee. If this version of Mr.Shah is accepted then
it would amount
Kuldip Singh & Co. vii/ Subsequently the Finance Department appointed Special Audit Committee to verify and reconcile the remittance reported to have been made
learned Senior Counsel relied upon the following statements in the Special Audit Report dated 26.02.2014, in support of his submission that Dr.A.C.Muthiah ... means of other checks.
..... ..... ..... ..... ....
According to the minutes of the Audit Committee, on every meeting it was noted that there had not been any suspected
financial project. On the basis of the said
complaint, Internal Audit Committee was formed and the
Committee, after inspection of documents, has submitted
its report ... further
submission that there was formation of an Internal Audit
Committee and the Executive officer has sent a letter
dated 29.04.2020. It is his further
College) and he was also appointed as a Member of the
Audit Committee by the General Body of the Society on 22.06.2021.
(iii) In pursuance
