Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
The Companies Act, 2013 (18 of 2013), administered by the Ministry of Corporate Affairs, has many provisions intending to nurture a safe, secure and non-discriminating environment for women at workplace.
2nd Proviso to the Section 149 of the Companies Act read with Rule 3 of Companies (Appointment and Qualification of Directors) Rules, 2014, makes it mandatory for every listed company and every other public company having paid up share capital of Rs. 100 crore or more or having turnover of Rs. 300 crore or more to appoint at least one woman director.
Specified companies in its Board Report, to be attached with the Financial Statement filed annually, has to include a statement that the company has complied with provisions relating to the constitution of Internal Complaints Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 [14 of 2013]
Further, the Government has taken a number of initiatives to support women employees and women owned enterprises, as follows:
The Minister of State in the Ministry of Corporate Affairs and Minister of State in the Ministry of Road Transport and Highways, Shri Harsh Malhotra stated this in a written reply in Lok Sabha.
Mandatory women director requirement ties board composition to workplace safety and sexual harassment compliance obligations. The Companies Act and rules mandate appointment of a woman director in listed and specified large public companies and require an annual Board Report statement confirming constitution of an Internal Complaints Committee under the Sexual Harassment of Women at Workplace Act, linking corporate disclosure to workplace safety compliance. Complementary government measures include credit and subsidy support for women entrepreneurs, targeted lending initiatives, maternity and wage protections, mandated creche facilities in larger establishments, and a centralised SHe-Box for filing sexual harassment complaints.Press 'Enter' after typing page number.