alleryStart learning →Under the Indian rules, loans, borrowings, debentures and deposits of what amount trigger an Audit Committee?
ARs 5 crore
BRs 10 crore
CRs 25 crore
DRs 50 crore
Answer & Solution
Correct answer: D. Rs 50 crore
A public company with loans, borrowings, debentures and deposits of Rs 50 crore or more must constitute the committee.
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