A female director in pvt ltd company as per new companiesact

Others 1833 views 1 replies

Hi,

Kindly provide me the law  about the addmission of a female as director of a pvt ltd company as per new companies act 2013

Thnx 

Replies (1)
Originally posted by : CA Swati Chechani
Hi,
Kindly provide me the law  about the addmission of a female as director of a pvt ltd company as per new companies act 2013
Thnx 

As per Sec. 149(1) of Companies Act, 2013, at least one woman director shall be on the Board of such class or classes of companies as may be prescribed.


Prescribed class of companies as per draft rules under Companies Act, 2013
.
11.1.
For the purposes of second proviso to sub-section (1) of section 149 the following class of companies shall appoint at least one woman director within the period indicated against each of them, as under:-
.
(i) every listed company - within one year from the commencement of second proviso to sub-section (1) of section 149;
.
(ii) every other company having a paid–up share capital of one hundred crore rupees or more – within three years from the commencement of second proviso to sub-section (1) of section 149;


Note: Sec. 149 is yet to be enforced.


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