Section 178

Nomination and Remuneration Committee and Stakeholders Relationship Committee. — (1) The Board of Directors of 3 [every listed public company] and such other class or classes of companies, as may be prescribed shall constitute the Nomination and Remuneration Committee consisting of three or more non-executive directors out of which not less than one-half shall be independent directors:

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178. Nomination and Remuneration Committee and Stakeholders Relationship Committee. — (1) The Board of Directors of 3 [every listed public company] and such other class or classes of companies, as may be prescribed shall constitute the Nomination and Remuneration Committee consisting of three or more non-executive directors out of which not less than one-half shall be independent directors: