Mr. Allen has recently joined Delta Limited as the secretary and has been asked by the Board of Directors to draft the charter of the Nomination and Remuneration Committee for its approval in the BOD meeting. Provide a s

The charter of the Nomination and Remuneration Committee of Delta Limited may contain information under the following heads: Purpose and Objective Constitution and Organisation Responsibilities Compensation policies including performance related pay and stock options plans and other beneficial plans Nomination of Directors Performance Evaluation and Leadership Development Coordinating with Committees of the Board for good corporate governance Advisors at forums of the organisation Any other responsibilities Meetings and Report- Details regarding meetings to be conducted, quorum, reporting at adequate forums and other disclosures Compensation of Committee Members