Which type of a company should have at least one woman director?
CS Professional · Ethics, Governance and Sustainability · PYQS · December 2016
Which type of a company should have at least one woman director?
Answer & Explanation:
Section 149(1) of the Companies Act 2013 read with Rule (3) of Companies (Appointment and Qualification of Directors) Rules, 2014 provides that following companies should appoint at least one woman director: every listed company; every other public company having paid-up share capital of ₹100 crores or more; or turnover of ₹300 crore or more. Regulation 17(1)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 also provides that the Board of Directors of the Listed Entity shall have at least one woman director.
Topics: Corporate Governance
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