What is board and committee structure as per companies act

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Accepted Answer

Board and committee structure as per Companies Act refers to the composition and functions of the board of directors and various committees within a company.

The Companies Act mandates the formation of a board of directors for every company.
The board of directors is responsible for making strategic decisions and overseeing the management of the company.
The Companies Act also allows for the formation of various committees such as audit committee, nomination committee, remuneration committee, etc.
These committees have specific roles and responsibilities as outlined in the Companies Act.
The board and committee structure is crucial for ensuring transparency, accountability, and good governance within a company.

What is board and committee structure as per companies act

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