Non appointment of woman director by unlisted public company

Dear Professionals,

I have query regarding appointment of woman Director on the Board by Unlisted public companies (mandatorily appoint woman director on the Board on or before 31.03.2015)

1. If a Unlisted Public company does not appoint woman director as per the provisions of 149(1) of the Act what are the remedies available can they seek any extension with CLB /RD

2. If not what are the consquences to be faced by the company

Replies (1)

There is no provision for extension of time.  In case of contravention the company shall be liable for penalty u/s 450.

 

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