https://www.taxtmi.com/news?id=28241 The document states that a prescribed class of companies must have at least one woman director, citing the second proviso to sub section (1) of section 149 of the Companies Act, 2013 and Rule 3 of the Companies (Appointment and Qualification of Directors) Rules, 2024. Rule 3 requires every listed company and every other public company meeting specified paid up capital or turnover thresholds to appoint at least one woman director. Non compliance renders the company and every officer in default liable to penalties under the Companies Act, 2013. en-us Tue, 17 Dec 2024 17:05:33 +0530 Tue, 17 Dec 2024 17:05:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28241 The document states that a prescribed class of companies must have at least one woman director, citing the second proviso to sub section (1) of section 149 of the Companies Act, 2013 and Rule 3 of the Companies (Appointment and Qualification of Directors) Rules, 2024. Rule 3 requires every listed company and every other public company meeting specified paid up capital or turnover thresholds to appoint at least one woman director. Non compliance renders the company and every officer in default liable to penalties under the Companies Act, 2013. News - Tue, 17 Dec 2024 17:05:33 +0530 https://www.taxtmi.com/news?id=28241