Under Rule 6 of the 2014 Rules, a public company needs an Audit Committee at what paid-up capital?
ARs 1 crore
BRs 5 crore
CRs 10 crore
DRs 500 crore
Answer & Solution
Correct answer: C. Rs 10 crore
Public companies with paid-up capital of Rs 10 crore or more must constitute the committee.
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