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There are 307 companies who have complied with mandate of law of nominating women to the Board of Directors. There are 169 companies against whom prosecutions have been launched for failure to nominate Women Directors. There are 16 companies who have filed compounding applications against prosecutions for offence relating to non-appointment of Women Directors.
This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.
Women director mandate: compliance, prosecutions, and compounding applications reported under corporate law enforcement in parliamentary reply The statutory mandate of law on nominating women to boards is being enforced: a stated number of companies have complied, others face prosecution for non-nomination of women directors, and a subset has filed compounding applications to resolve those prosecutions, as disclosed by the Minister of Corporate Affairs in a written parliamentary reply.Press 'Enter' after typing page number.