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Every listed company must establish an audit committee comprising non-executive directors only and comprising a majority of independent non-executive directors. It must also establish a remuneration committee chaired by an independent non-executive director and comprising a majority of independent non-executive directors. It should establish a nomination committee which is chaired by the chairman of the board or an independent non-executive director and comprises a majority of independent non-executive directors.
2013-10-11 05:54 PM
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BMICS
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