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PRESENTATION ON

COMMITTEE
Team members
o Sushma. C. S
o Vijay Jamwal

o Namitha. K. B

o Chidananda. N

o Anand Nelson Roy


COMMITTEE
 According to Louis A. Allen, “A committee is a body of persons
appointed or elected to meet an organized basis for the
consideration of matters brought before it”.
 A committee is a group of persons performing a group task with
the object of solving certain problems.
 Committees have come to be recognized as an important
instrument in the modern business as well as non-business
organization.
 They help in taking collective decisions, coordinating the affairs
of different departments and meeting communication
requirements in the organization.
OBJECTIVES OF COMMITTEE
 To have consultation with various persons to secure their
viewpoints on different aspects of business.
 To give participation to various groups of people.

 To coordinate the functioning of different departments.


CHARACTERISTICS OF A COMMITTEE
 The committee should have clearly
stated purpose.
 Members of the committee should
be carefully stated.
 The committee should be proper
size.
 The committee should have a
capable Chairman
 There should be adequate
preparation for the committee
meeting.
 There should be adequate follow up.
TYPES OF COMMITTEES
 Formal committees:
When a Committee is considered as a part of the
organization structure and has clear-cut jurisdiction, it is a
formal committee.
 Informal committees:

Informal committee is formed to advise on certain


complicated matters on which the management does not
want to set up formal committee. Informal committees do
not form part of the organization structure
Eg.,
Trade unions (informal committee)
Audit Committee (formal committee)
COMMITTEES OF RELIANCE INDUSTRIES
LTD.

Board Committees
 Audit Committee

 Remuneration Committee

 Shareholders'/Investors'
Grievance Committee
 Finance Committee

 Health, Safety and Environment


Committee
 Corporate Governance and
Stakeholders' Interface Committee
 Employees Stock Compensation
Committee

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