One Director should be women - Mandatory Provision in New companies Bill

One Director should be women -
Mandatory Provision in New companies Bill

The new Companies Bill makes it mandatory for any board with 5 directors to have at least one woman candidate.

The new Companies Bill will replace a fifty year old act.



Finance Minister Pranab Mukherjee said last week, "The Companies Bill introduced in Parliament in 2009 has been received from Parliamentary Standing Committee.
The proposed bill will be introduced in the Lok Sabha in the ongoing session

This new proposal will be inserted in the Companies Bill before being tabled in Parliament.
The bill is awaiting the Cabinet's nod.


Reality views by sm –
Tuesday, March 08, 2011

Keywords - company law, International Women's day, one female director