Company act - sec 292a

Abhinaya (Querist) 25 August 2012 This query is : Resolved
Dear Members,

Constitution of my Audit committee was like 2 independent directors and 1 WTD. (S 292A)

however, independent directors left the Co. (Unlisted Public Co.) and meeting could not be held for 1 quarter.

meanwhile new directors were appointed and committee was duly constituted again.

for 1 quarter, wherein independent directors were not there, should i show meeting appointing another WTD's as a committee members. of-course constitution will not be according to Sec, 292A.

or do i have any other remedy?

Regards,

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