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A female director in pvt ltd company as per new companiesact

CA Swati Chechani (accounts excutive) (63 Points)

03 February 2014

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

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Deepak Gupta (CA Student) (15922 Points)
Replied 03 February 2014

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;