Companies Bill proposal to ensure one reserved seat for women candidates on company boards - March 9, 2011

The government would make the presence of women directors in a board mandatory by including a provision

The government would make the presence of women directors in a board mandatory by including a provision in the proposed Companies Bill, Corporate Affairs Minister Murli Deora said today. The announcement, which coincides with the International Women’s Day, was expected to provide fair representation to women entrepreneurs, the ministry said in a statement.

Source: www.businessstandard.com, March 9, 2011. “Women to get one reserved seat on company boards”

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