a) To review compliance and internal control systems;
b) To hold periodic discussions with the Statutory Auditors of the Company concerning the accounts of the Company, internal control systems, scope of audit and observation of the auditors if any;
c) To review the quarterly, half-yearly and annual financial results of the Company before submission to the Board;
d) To make recommendations to the Board on any matter relating to the financial management of the Company;
e) Recommending to the Board, the appointment, re-appointment and if required the replacement and removal of Internal and Statutory Auditors and fixation of their Audit fees.