Question 20 of 43
Q.When is appointment of a female director essential?
Gujarat GsebGujarat Board (GSEB) HSC Commerce Board 2022Subjective· 2mImportance★★★★★
47% · 20/43 Questions
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Start your 14-day free trial to unlock the full solution →A woman director must be appointed by listed companies and by prescribed larger public companies.
Under Section 149 of the Companies Act, 2013 and the related rules, the appointment of at least one woman director is mandatory for:
- Every listed company (whose securities are listed on a stock exchange), and
- Every other public company having a paid-up share capital of 100 crore rupees or more, or a turnover of 300 crore rupees or more (as per the prescribed thresholds). …
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