Question

Which of the following companies must appoint woman director?
(I) Listed company
(II) Public company having paid up share capital of Rs.100 Crores or more
(III) Public company having borrowing of Rs. 500 Crores or more
(IV) Public company having net capital employed of Rs. 500 Crores or more
(V) Every public company having turnover of Rs. 300 Crore or more.
Select the correct answer from the options given below -

• A. (I), (II) & (V) of the above
• B. (II), (III) & (IV) of the above
• C. (I) & (III) of the above
• D. (I), (II), (III) & (IV) of the above

Answer 1

The correct option is A (I), (II) & (V) of the above

Section 149 of the Companies Act, 2013 read with Rule 3 of the Companies (Appointment and Qualification of Directors) Rules, 2014 prescribesfor every listed company and every public company having paid-up share capital of not less than Rupees one hundred crore or turnover of Rupees three hundred crore or more to appoint at least one woman director.