Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Mistake in Munish Bhandari law book?

217 views

Save Share

Deepika Khubchandani

student

52 Points Posted on 04 April 2020

In the provision of woman director, the following applicability is given in Munish bhandari book:
-listed companies
-public companies with pusc equal to 100 crore or more , "AND"
-public companies with Turnover equal to 300 crore or more.
but in one revision lecture on YouTube I found that the teacher said it is "OR"
please clarify is there a mistake in Munish Bhandari or I am missing some ammendment?

Replies (3)

Quick Summary

A reader has spotted a potential discrepancy in Munish Bhandari's law book concerning the criteria for appointing a woman director. The book states 'AND' for listed companies and public companies with paid-up share capital of ₹100 crore or more, AND public companies with turnover of ₹300 crore or more. However, a YouTube lecture suggested the condition should be 'OR'. The discussion confirms that 'OR' is indeed the correct applicability.