Tag Archives: Women Director

Compounding for delay in appointment of women director

By | September 12, 2016

NCLT Compounding for delay in appointment of women director Company was supposed to appoint woman  director by 31.12.2014  but  appointed only  in March  2016 after  a delay of 14 months, thus violating Sec.149 of CA 2013 and attracting punishment prescribed u/s 172 of the  Act.  ROC initiated criminal proceedings u/s 251 of CrPC read with Sec.450… Read More »

Compliance of SEBI Directive on Women Director

By | May 10, 2016

Compliance of SEBI Directive on Women Director The requirement of appointment of woman director emanates from Section 149 of Companies Act, 2013.  SEBI has mandated that listed companies to appoint one woman director on its board.  Companies can appoint any woman as director who is not otherwise disqualified for appointment as a director in terms… Read More »