Back
IncorpX
Your partner from St...ย โขย 2m
MCA Cracks the Whip: Non-Appointment of Woman Director Now Under the Scanner A fresh notice from the Ministry of Corporate Affairs (MCA) has put companies on alert penalizing those who failed to appoint a Woman Director under Section 149(1) of the Companies Act, 2013. What does the law mandate? Every listed company and every public company with: Paid-up share capital of โน100 crore or more, or Turnover of โน300 crore or more must appoint at least one woman director on its board. Yet, despite the clarity of the law, many companies remain unaware or negligent โ and now face financial penalties and compliance scrutiny. This recent enforcement move is a wake-up call for company directors and compliance officers across India. This isnโt just a tick-box regulation. It reflects a larger shift toward inclusive and diverse corporate governance โ and the MCA is making it clear: compliance is non-negotiable. If you're part of a leadership team, ask yourself: Is our board structure compliant? Have we conducted a recent compliance audit? Are we aware of real-time MCA enforcement trends? Staying updated with evolving corporate law is not just good governance itโs essential risk management. Letโs use this moment to drive awareness, encourage better board practices, and promote gender diversity where it matters most at the top. #CorporateLaw #CompaniesAct2013 #MCA #WomanDirector #BoardCompliance #Governance #CompanySecretaries #BusinessLaw #Leadership #WomenInLeadership #ComplianceAlert #IndiaBusiness #Entrepreneurship #LegalUpdate
More like this
Recommendations from Medial
Anonymous
Hey I am on Medialย โขย 1y
The Ministry of Corporate Affairs (MCA) has clarified that the investigation into allegations of financial misconduct against the troubled edtech startup Byju's is still ongoing. The clarification comes after a media report claimed that the governm
See More
Rudrayan Dhar
ย โขย
SAPย โขย 1y
Paytm's journey highlights the critical role of regulatory compliance in the success of digital infrastructure. Despite initial breakthroughs, Paytm faced a string of regulatory strikes due to violations in licensing conditions, false information sub
See More
HatchLegal
You Build the Dream,...ย โขย 7m
๐๐ข๐ซ๐๐๐ญ๐จ๐ซ๐ฌ, ๐๐ ๐๐ซ๐จ๐๐๐ญ๐ข๐ฏ๐! ๐๐ง๐ฌ๐ฎ๐ซ๐ ๐๐จ๐ฎ๐ซ ๐๐๐-1 ๐ ๐ข๐ฅ๐ข๐ง๐ ๐ฌ ๐๐ซ๐ ๐ข๐ง ๐๐ซ๐๐๐ซ Transparency and accountability are pillars of good corporate governance, and ๐๐๐๐ญ๐ข๐จ๐ง 184(1) ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐
See More
Haran Naresh K
Think Differentย โขย 10m
Is there legal tech startup. The idea behind a legal tech-startup. Building SASS tools for law firms and AI tools that could help court proceedings move even more faster. Think of like getting instant Justice,In not just corporate law litigation. Ev
See More
Anonymous
Hey I am on Medialย โขย 11m
๐ฃAirbnb on the verge of scandal due to leaked photos and videos of guests' sexual activities, reports CNN. Recently, there was another lawsuit from a woman who chose a vacation rental and later discovered that videos of her changing clothes had app
See More
Sanjay Khems
Coconut water Loverย โขย 1y
Start up Idea Validation Using (AI) allow buyers of second hand vehicles to have access about accidents a vehicle ha been involved in and the mechanical condition before purchase , by access to integration into the administrative operations of the
See More
Download the medial app to read full posts, comements and news.