Non-listed public companies appoint at least one-woman director as per Section 149(1) of the Companies Act, 2013 read with Rule 3 of Companies (Appointment and qualifications of directors) Rules, 2014.

CS Executive · Corporate and Management Accounting · PYQS · June 2023
Non-listed public companies appoint at least one-woman director as per Section 149(1) of the Companies Act, 2013 read with Rule 3 of Companies (Appointment and qualifications of directors) Rules, 2014.
(A) Where paid up share capital of ₹ 10 crore or more or having turnover of ₹ 30 crore or more
(B) Where paid up share capital of ₹ 100 crore or more or having turnover of ₹ 300 crore or more
(C) Where paid up share capital of ₹ 10 crore or more or having turnover of ₹ 300 crore or more
(D) Where paid up share capital of ₹ 100 crore or more or having turnover of ₹ 30 crore or more

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Corporate Governance

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