Alchemist Asset Reconstruction Company Limited
   

Audit Committee

The objectives of the audit committee are as follows:

The recommendation for appointment, remuneration and terms of appointment of auditors of the company.
Review and monitor the auditor’s independence and performance, and effectiveness of audit process.
Examination of the financial statement and the auditors’ report thereon.
Approval or any subsequent modification of transactions of the company with related parties.
Scrutiny of inter-corporate loans and investments.
Valuation of undertakings or assets of the company, wherever it is necessary.
Evaluation of internal financial controls and risk management systems.
Monitoring the end use of funds raised through public offers and related matters.










 

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