"Corporate Boards are also involved in women empowerment." Comment.

The corporate boards are involved in promoting women empowerment. Woman directors can play a significant role in board room quality decision making. The Companies Act 2013 has taken a positive step in this direction by providing for mandatory appointment of women director on corporate boards. Section 149(1) of the Companies Act 2013 provides that certain classes of companies must have at least one woman director. Rule 3 of the Companies (Appointment and Qualification of Directors) Rules, 2014 specifies following classes of Companies- every listed company other public companies having a paid-up share capital of ₹100 crore or more or turnover of ₹300 crore or more. Regulation 17(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 provides that the composition of board shall have an optimum combination of executive and non-executive directors with at least one woman director. Moreover, the Companies Act 2013 has also made it mandatory for companies to include activities related to women empowerment and gender equality in its CSR activities. Thus, India Inc has woken up to the need of taking women seriously in board rooms.