Year : 2010-11 - CCL
Year : 2010-11 - CCL
Year : 2010-11 - CCL
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__________________________________________________ CENTRAL COALFIELDS LIMITED<br />
The terms of reference of Audit Committee inter-alia are to oversee the Company’s financial<br />
reporting process, review of internal control system, adequacy of internal audit functions, etc. The<br />
Audit Committee periodically reviews reports of the Internal Auditors, interacts with the Statutory and<br />
Internal Auditors and also reviews the half yearly and annual financial statement before submission to<br />
the Board.<br />
During the year ended 31st March, 20<strong>11</strong>, 09 (nine) meetings of Audit committee were held on<br />
27.04.10, <strong>11</strong>.05.10, 19.06.10, 30.07.10, 01.10.10, 02.<strong>11</strong>.10, 27.<strong>11</strong>.10, 13.01.<strong>11</strong> and 05.02.<strong>11</strong>.<br />
The Company Secretary is also the Secretary to the Audit Committee.<br />
The details of attendance of Members at the Audit Committee Meetings of the Company held<br />
during the year <strong>2010</strong>-<strong>11</strong> are as under:<br />
Name Audit Committee Meeting Remarks<br />
———————————————<br />
Held during Attended<br />
the tenure<br />
Ms. Rama Rani Hota, Non-official Part-time Director* 4 4 Chairman of the Audit Committee<br />
Shri R. K. Mahajan, Joint Secretary, MoC 9 9 Member<br />
Dr. Kalyan Sen, Non-official Part-time Director* 4 4 Member<br />
Shri M.K. Sinha, Non-official Part-time Director * 3 3 Member<br />
Shri R. Mohan Das, Dir.(P&IR),CIL 9 5 Member<br />
Shri R.S. Pandey, COM, EC Rlys. 9 5 Special Invitee<br />
Shri Gautam Basu, Non Official Part-time Director 5 5 Member<br />
Shri S. K. Sarkar, Non Official Part-time Director 5 5 Chairman<br />
Prof. K. V. Ramani, Non Official Part-time Director NIL NIL Member<br />
Shri Anand Kumar, Non Official Part-time Director NIL NIL Member<br />
* Ceased to be Director and hence Chairman/Member of the Audit Committee w.e.f. 23.08.<strong>2010</strong>.<br />
STATUTORY AUDITORS<br />
Under Section 619(2) of the Companies Act, 1956 the following Chartered Accountants Firms<br />
were appointed by the Comptroller and Auditor General of India for auditing the Financial Accounts of<br />
your Company for the year <strong>2010</strong>-<strong>11</strong> :<br />
Statutory Auditors:<br />
M/s. V. K. Jindal & Co.,<br />
GG 3, Shree Gopal Complex,<br />
Third floor, Court Road,<br />
Ranchi -834001, Jharkhand.<br />
Branch Auditors:<br />
M/s. K. C. Tak & Co.<br />
1, New Anantpur, Ranchi-834 002, Jharkhand<br />
M/s. Lodha Patel Wadhwa & Co.<br />
304, Shreelok Complex,<br />
3rd Floor, 4-H.B. Road, Ranchi, Jharkhand<br />
53
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