Below are the provisions from the act:
The category of companies which need to comply with the requirement of having at least of one woman director are as follows:
[section 149(1) of 2013 Act]
(i) Every listed company, within one year from the commencement of second proviso to sub-section (1) of section 149
(ii) Every other public company that has paid–up share capital of one hundred crore rupees or more, or a turnover of three
hundred crore rupees or more within three years from the commencement of second proviso to sub-section (1) of section 149
Hello,
i dont think anywhere it is mentioned expressly about the same so as per my interpretation woman director can be MD/ED/ID .
Further the rule 4 of Companies (Appointment and Remuneration of Managerial Personnel) Rules,2014 say about sitting fees to ID and woman directors , please read that as well.
contrary view solicted.
CA, 2013 and Rules are Silent about Category of Women Director.
Hello ,
but if the company is listed , need to comply before 30.09.2014.
Incase of listed company , all the deadlines which are given in The Companies Act 2013 needs to be studied with the requirement of revised clasue 49 of the listing agreement applicable from 01.10.2014.(pl.refer sebi circular of april-14 month)
e.g.we may have one year deadline as per CA-2013 but as per revised cl.49 of Listing agreeent it has to be complied by 30.09.2014.(
Contrary view solicited
regds
Hello
pl.read the whole section of ID and also the last para .
further , there are two things which is to be studied while reading the sections for transition period there are two terminology -( 1) The companies which are incorporated earlier to the commencement of CA-2013 (menas under CA-1956) and (2) The Companies which are incorporated under CA-2013.
THEY HAVE GIVEN TWO TYPES OF TRANSITION PERIOD ON THE BASIS OF ABOVE WHICH PLEASE BE NOTED.
regds
Yes mohit you are write....it is given in sec 149(5)
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