Percentage of women directors on the boards of companies is only 25%. Under SEBI Regulations/Cos Act every listed company must have a women director.
Section 149 of Companies Act, 2013 read with the corresponding rules requires every listed company and prescribed class of companies to have a women director. Securities and Exchange Board of India (SEBI) has also mandated under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 for appointment of at least one woman director on the boards of listed companies. Government and SEBI have not prescribed any target for companies to have 20% women on the boards of the companies by the year 2020.
As per information extracted from MCA21 Registry, as on 31.03.2017, 25.01% of the directors on the boards of companies are women directors.
This was stated by Shri P.P. Chaudhary, Minister of State for Law & Justice / Corporate Affairs in written reply to a question in Rajya Sabha today.
DSM/SBS/KMN
Assessing Officer had taken a reasonable stand that 25 kg written in WhatsApp chat/text message was 25 lakh - ITAT…
Shareholders are only owners of the shares of the company therefore, income from properties earned by the company cannot be…
When approval for reassessment was granted by unauthorised authority, such jurisdictional error cannot be shielded by the law of limitation…
ITAT on presumption of bogus purchases ought to have remanded case to AO to reconsider the whole matter instead of…
Where proceedings u/s 153C are barred by limitation, AO can not reopen the case invoking section 148 and 148A of…
Corporate guarantees executed by the corporate debtor constitute “financial debt” under IBC and banks to be recognized as financial creditors…