[NAME OF THE COMPANY]
MINUTES OF THE FIRST MEETING OF THE AUDIT COMMITTEE OF THE COMPANY HELD ON [DAY], [DATE] AT [ADDRESS].
Time of commencement:
Time of conclusion:
MEMBERS PRESENT
[Name of the Chairman] [Designation]
[Name of the Member] [Designation] [In alphabetical order]
[Name of the Member] [Designation]
INVITEE
[Name of the invitees] [Designation] [If any]
IN ATTENDENCE
[Name of the Company Secretary] Company Secretary [If any]
1. LEAVE OF ABSENCE
Leave of absence was granted to [Name of the Member(s)] who informed his / their inability to attend the meeting due to pre-occupation.
OR
As all the members were present there was no need to grant any leave of absence.
2. TO TAKE NOTE OF THE MINUTES OF LAST MEETING OF THE AUDIT COMMITTEE
The Minutes of the Last Meeting of Audit Committee held on [Date of NRC Meeting] were read and noted.
3. TO TAKE NOTE OF QUARTERLY COMPLIANCE CUM EXCEPTION REPORT FOR QUARTER ENDED ___________.Continue
