Examples of Statutory Committee in a sentence
Statutory Committee as described in Administrative Code Trans 2.10.
The Statutory Committee shall register in the Board Minutes the adoption of resolutions according to the appropriate procedure.
Minutes shall be prepared and signed within FIVE (5) business days from the date on which the meeting was held by the present members of the Board and by the representative of the Statutory Committee.
The Company pays sitting fees to all the Non-Executive Directors at the rate of Rs.7,000/- for each meeting of the Board and Rs.3,000/- for any Statutory Committee meeting attended by them.
The invoices for such fees and expenses shall contain time records and sufficient information for the Statutory Committee and the U.S. Trustee to review each for reasonableness, but shall not be required to comply with any particular format and shall not be subject to application or allowance by the Court.