Presence of women director in board meeting

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This query is : Resolved

Manminder (Querist)

23 May 2015 Hello sir,
My query is...according to company act,2013, atleast one woman director should be present in BoD in some prescribed companies...so in case of meeting of BoD, that woman director is counted in quorum or not..??
I mean the presence of woman director is compulsory or not..??

Dharmendra gupta

Dharmendra gupta (Expert)

24 May 2015 . Woman Director
Every listed company shall appoint at least one woman director
within one year from the commencement of the second proviso to
Section 149(1) of the Act.
Every other public company having paid up share capital of
Rs. 100 crores or more or turnover of Rs. 300 crore or more as on the
last date of latest audited financial statements, shall also appoint at
least one woman director within 1 years from the commencement of
second proviso to Section 149(1) of the Act.
A period of six months from the date of company’s incorporation,
has been provided to enable the companies incorporated under
Companies Act, 2013 to comply with this requirement. It is better to
say that existing companies (under the previous companies act) has
to comply the above requirements within one year and new companies
(under the new companies act) has to comply within 6 months from
the date of its incorporation.
Further if there is any intermittent vacancy of a woman director
then it shall be filled up by the board of directors within 3 months
from the date of such vacancy or not later than immediate next board
meeting, whichever is late.
presence of women director is not compulsory.

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