Woman director requirement requires specified companies to appoint a woman director and fill vacancies promptly. Companies must appoint at least one woman director: every listed company and every other public company meeting prescribed paid-up capital or turnover thresholds, measured at the last date of the latest audited financial statements. Transitional compliance for newly incorporated companies is allowed for a six month period, and any interim vacancy of the woman director post must be filled by the Board at the earliest but not later than the immediate next Board meeting or within three months of the vacancy.
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Provisions expressly mentioned in the judgment/order text.
Woman director requirement requires specified companies to appoint a woman director and fill vacancies promptly.
Companies must appoint at least one woman director: every listed company and every other public company meeting prescribed paid-up capital or turnover thresholds, measured at the last date of the latest audited financial statements. Transitional compliance for newly incorporated companies is allowed for a six month period, and any interim vacancy of the woman director post must be filled by the Board at the earliest but not later than the immediate next Board meeting or within three months of the vacancy.
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